Stocks Slide as Markets Brace for Jobs Report; Bitcoin Dips Below $100K

The stock market experienced a downturn on Thursday, with the Dow Jones Industrial Average and Russell 2000 suffering the most significant losses. The Dow fell nearly 0.6%, while the Russell 2000 dropped 1.3%, marking its largest one-day loss since mid-November. UnitedHealth's stock notably declined, closing below its 50-day moving average, following the assassination of its health insurance unit's CEO. Meanwhile, Microsoft saw a slight increase, and Nvidia remained in a buy zone. Economic data showed a rise in initial jobless claims, and Bitcoin surpassed the $100,000 mark.