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Posted by bears123 on August 24th, 2018

NEW YORK Carl Landry Jersey , Sept. 25 (Xinhua) -- U.S. stocks fell sharply Thursday with all three major indices plunging more than 1 percent, as a slump in durable goods orders and escalating geopolitical risks spooked investors.

The benchmark indices suffered their worst single-day declines in nearly two months. The Dow Jones Industrial Average closed at a session low of 16,945.80 points, diving 264.26 points, or 1.54 percent. The S&P 500 sank 32.31 points, or 1.62 percent Ben Simmons Jersey , to 1,965. 99. The Nasdaq Composite Index skidded 88.47 points, or 1.94 percent, to 4,466.75, weighed down by Apple.

The S&P 500's 10 sectors all ended in negative territory Allen Iverson Jersey , with technology and financials leading the laggards.

New orders for manufactured durable goods tumbled 18.2 percent in August, said the U.S. Commerce Department Thursday. The decline partially offset a surge of 22.5 percent in July driven by strong demand for commercial aircraft.

Meanwhile, the number of Americans who initially applied for jobless benefits in the week ending Sept. 20 rose 12,000 to a seasonally adjusted 293,000, reported the U.S. Labor Department. Despite the increase Cheap 76ers Hats , initial claims remained near a pre-recession low, a sign that the U.S. labor market was steadily improving.