Stocks drop after grim GDP report, worsening jobless claims

Stocks drop after grim GDP report, worsening jobless claims

Stocks fell Thursday after two new reports affirmed the worst quarterly drop in economic activity on record during the second quarter and showed a second straight increase in weekly unemployment insurance claims. Investors also continued to digest the Federal Reserve‚Äôs latest monetary policy statement, which was largely viewed as dovish as officials braced for weak […]