Stock Market Today: Health Insurers Lead Another Slide in Stocks

Stocks remained in the red for another session Thursday but at least largely slowed their downward momentum.

A Humana building
(Image credit: Getty Images)

Investors didn't get a full reprieve from yesterday's heavy selling, but they were at least allowed to catch their breath in a calmer Thursday session that saw the major indexes finish modestly lower.

The first unemployment-benefits data of the new year was a tad disappointing, with the Labor Department reporting 207,000 initial claims for the week ending Jan. 1, higher than estimates for 195,000.

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Kyle Woodley

Kyle Woodley is the Editor-in-Chief of WealthUp, a site dedicated to improving the personal finances and financial literacy of people of all ages. He also writes the weekly The Weekend Tea newsletter, which covers both news and analysis about spending, saving, investing, the economy and more.

Kyle was previously the Senior Investing Editor for Kiplinger.com, and the Managing Editor for InvestorPlace.com before that. His work has appeared in several outlets, including Yahoo! Finance, MSN Money, Barchart, The Globe & Mail and the Nasdaq. He also has appeared as a guest on Fox Business Network and Money Radio, among other shows and podcasts, and he has been quoted in several outlets, including MarketWatch, Vice and Univision. He is a proud graduate of The Ohio State University, where he earned a BA in journalism. 

You can check out his thoughts on the markets (and more) at @KyleWoodley.