U. S. stocks closed lower on Thursday as fears that the global economic recovery could be hampered weighed on stock indexes. Countries are responding to a rebound in cases of novel coronavirus Delta variant infection, with Japan declaring a state of emergency and banning spectators from the Games. Us bond yields have fallen sharply.

The Dow fell 259.86 points, or 0.75%, to 34421.93; the Nasdaq fell 105.28 points, or 0.72%, to 14559.78; and the S & P 500 fell 37.31 points, or 0.86%, to 4320.82.

The number of initial claims for unemployment benefits in the US rose unexpectedly to 373000 in the week to July 3, suggesting that the resurgence of the COVID-19 epidemic could slow the labour market recovery, the Labor Department reported. Economists expect 350000 initial jobless claims last week, according to Dow Jones (34421.9297,-259.86,-0.75%).

Economic recovery concept stocks-stocks that are expected to benefit from a rapid economic recovery-are today's market leaders. Both Carnival and Royal Caribbean cruise lines fell by more than 1%. Shares of American Airlines and Delta Airlines fell. Retailer Nordstrom closed down 3 per cent and Home Depot fell 1.5 per cent.

Concerns about the global economic recovery also led to a general fall in chip stocks. Meguiar, NVIDIA Corp, Qualcomm Inc, Intel Corp and Applied Materials Inc all fell more than 1 per cent. Large technology stocks such as Microsoft Corp, Apple Inc, Facebook Inc and Alphabet Inc-CL C's parent company Alphabet all fell.

As Treasury yields fell, JPMorgan Chase & Co, PNC Financial Services Group Inc, Bank of America Corporation, Wells Fargo & Co, Goldman Sachs Group and other financial stocks generally fell as their profit prospects were damped by falling Treasury yields.

Top US stock turnover on Thursday$Amazon.Com Inc (AMZN.US) $The company closed 1% higher at $3732.46, an all-time high closing price, with a turnover of $19.18 billion. It is reported that Amazon.Com Inc reached a film copyright license agreement with Comcast Corp.

Second place$Apple Inc (AAPL.US) $The company closed down 0.9% on a turnover of $15.045 billion. Apple Inc will release its third-quarter results on July 27th.

The third electric car manufacturer$Tesla, Inc. (TSLA.US) $It closed 1.4% higher, with a deal of $14.584 billion. Tesla, Inc. officially launched the Model Y standard continuation version on China's official website on July 8, with a price of 276000 yuan, a range of 525km (GB working condition method) and a single motor rear wheel drive. According to official data, the acceleration time of 100 kilometers is 5.6 seconds, and the maximum speed can reach 217 kilometers per hour.

Industry insiders believe that Tesla, Inc. 's entry into the market at a low price will bring pressure to domestic car companies, and the domestic price war for new energy vehicles will be triggered again.

No. 4$NVIDIA Corp (NVDA.US) $It closed down 2.3% on a turnover of $10 billion. Brokerage Truist raised NVIDIA Corp's target price to $910 from $768, maintaining its buy rating.

No. 6 Chinese listed stocks$BABA (BABA.US) $The company closed down 3.9%, and its share price fell below $200 for the first time since June last year, with a turnover of $6.798 billion. On Wednesday, the State Administration of Market Supervision issued fines for 22 cases of illegal concentration of operators in the Internet sector, involving six cases of BABA.

No. 7$AMC cinema line (AMC.US) $The company closed 6.4% higher, with a turnover of $6.513 billion.

No. 10$NIO Inc. (NIO.US) $The car closed down 1%, with a turnover of $4.2 billion.

The 14th place is "Black concept Stock"$Carver savings (CARV.US) $(Carver Bancorp,CARV), the stock closed up 106.9% on a turnover of $2.8 billion, compared with a market capitalization of just $75.91 million. Carver savings has served the African-American community in New York since 1948. According to foreign media analysis, the unit has recently become a new target for retail investors.

Affected by the decline in Treasury yields, US stocks ranked 15th in turnover today.$JPMorgan Chase & Co (JPM.US) $Closed down 1.7%, ranking 18th.$Bank of America Corporation (BAC.US) $It closed down 2.4%. Falling Treasury yields usually squeeze the profit margins of financial companies.

The following are the 20 most actively traded stocks of the day (by turnover):