Here's what happened to the stock market on Thursday

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Here's what happened to the stock market on Thursday
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Stocks fell for the first time this month after the release of disappointing unemployment data.

The Labor Department said 1.877 million Americans filed for unemployment benefits last week, topping a Dow Jones estimate of 1.775 million. Continuing jobless claims rose sharply, nearly reaching 21.5 million.

The data was released a day ahead of the department's monthly jobs report.
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