(Reuters) - Major stock indexes tumbled more than 1 percent at the open on Thursday, resuming their downturn after a labor market report became the latest datapoint to show the economy has stalled.
The Dow Jones industrial average .DJI slid 133.66 points, or 1.12 percent, at 11,762.78. The Standard & Poor's 500 Index .SPX took off 15.27 points, or 1.21 percent, at 1,245.07. The Nasdaq Composite Index .IXIC was down 42.37 points, or 1.57 percent, at 2,650.70.
New U.S. claims for unemployment benefits edged down last week, pointing to a marginal improvement in the labor market, the Labor Department said. For details, see