• The Dow Jones Industrial Average fell 9.29 points, or 0.04 percent, to 23,848.42, the S&P 500 lost 7.62 points, or 0.29 percent, to 2,605 and the Nasdaq Composite dropped 59.58 points, or 0.85 percent, to 6,949.23.
Wall Street closed lower after a rocky session on Wednesday as gains in consumer staples and healthcare were offset by a sharp drop in Amazon shares and a continuing slide in technology stocks.
All three major U.S. indexes ended the day in negative territory following Tuesday’s late-session tech-driven sell-off following Monday’s rally as traders moved to defensive stocks after recent weeks’ heightened volatility.
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• Asian stocks traded mixed early on Thursday, as Japanese markets shrugged off weakness seen overnight on Wall Street. U.S. stocks declined in the last session as the technology sector mostly remained under pressure.
• Japan's benchmark Nikkei 225 rose 0.85 percent and the broader Topix gained 0.61 percent in early trade as 31 of its 33 subindexes traded higher.
Pharmaceuticals, however, declined after shares of Takeda Pharmaceutical dropped 4.95 percent. The Japanese company said Wednesday that it was at "a preliminary and exploratory stage" regarding a possible bid for U.K. drugmaker Shire.
• Elsewhere, the Kospi slipped 0.07 percent as technology stocks, banks and automakers traded lower.
Reference: Reuters, CNBC
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