On Thursday, US stocks fell 320 points.<br />The drop comes even as weekly jobless-claims data came in better than expected.<br />Business Insider reports that weekly jobless claims fell by more than 30,000 from the previous week, to 860,000.<br />Tech stocks led the decline.<br />Investors continued to process Federal Reserve Chairman Jerome Powell's comments expressing uncertainty about the economic recovery.<br />Powell also said the Fed didn't expect to raise interest rates until at least 2023.<br />Oil prices traded flat after reports that US stockpiles fell by 9.5 million barrels last week.<br />West Texas Intermediate crude fell as much as 1.8%, to $39.42 per barrel.
