U.S STOCKS FELL AS AMERICANS APPLY FOR JOBLESS CLAIMS

Highlights

• The Dow Jones Industrial Average dropped by 259.15 points, or 1.05%, at 24,374.71.

• Facebook Inc. stocks increased at 5% after the social media giant posted unexpectedly better quarterly revenue.

On Thursday U.S. stocks dropped as millions of more Americans applied for unemployment claims. However, social media giant such as Facebook and electri....