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- US stocks slid on Thursday as traders braced for the September jobs report.
- Jobless claims jumped 207,000 over the last week, slightly under the expected 210,000.
- Meanwhile, the 10-year US Treasury yield briefly moved higher to 4.775%.
US stocks slipped on Thursday as investors digested the latest jobless claims and braced for the September jobs report due out on Friday.
Weekly jobless claims came in at 207,000 over the week ending September 30, the Labor Department said, only slightly lower than estimates of 210,000.
That came as a small disappointment to some investors, who have been hoping for softer labor market conditions in order to take pressure off the Federal Reserve as it decides its next policy move.