NPR Coronavirus Updates

Coverage of the Coronavirus Crisis from NPR.org

Updated at 5:12 p.m. ET

Stocks experienced their worst day since June, with a sudden plunge Thursday in big tech shares such as Apple and Amazon driving the S&P 500 index down 3.5% and the Dow Jones Industrial Average down 2.8%.

The dizzying drop in prices follows a string of record-high trading days, largely fueled by a few superstar tech stocks, such as Facebook, Apple and Amazon.

A university that many researchers have touted as a potential model for reopening campuses to in-person classes is hitting some bumps in the road. The University of Illinois at Urbana-Champaign had implemented a mass coronavirus testing program for staff and students in an effort to keep virus spread on campus under control.

Another 881,000 people applied for state unemployment benefits last week, the Labor Department says. That's 130,000 fewer than the previous week. But the report comes with an asterisk.

The department just changed the way it adjusts claims data to account for seasonal variation. That should make the reports more accurate in the weeks to come. But it also means the reported change from the previous week is not an apples-to-apples comparison.

Without the seasonal adjustment, state unemployment claims rose by more than 7,500.

If this were a normal school year, Denison University senior Matt Nowling and his fellow College Democrats would be "dorm storming" around their campus, near Columbus, Ohio.

"We ran to people's dorms, knocked their doors and got them registered to vote," he said. "Sometimes we got kicked out of dorms," he added.

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