US stocks fall in volatile trades

The US stocks slipped in last session as overall action stayed volatile. Dow Jones Industrial Average fell by 189.4 points, or 0.36 percent, to 52,297.09. The Standard and Poor's 500 slipped 26.98 points, or 0.35 percent, to 7,592.4. The Nasdaq Composite Index shed 100.1 points, or 0.39 percent, to 25,366.09. US labour market data was in focus. Initial jobless claims in the United States for the week ending November 7 stood at 200,000, increasing by 9,000 compared to last week's revised figures, the Department of Labor said in its report on Thursday. The 4-week moving average remained unchanged from the previous week's revised average of 195,250. The treasury yields edged higher and the US dollar index broke above 103 mark, capping risk appetite for equities.

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