1. Dow set to drop after worst day since June 11 plungeDow futures had been below stress on Thursday — however off the almost 400 level decline in a single day — sooner or later after the U.S. noticed a report variety of new each day coronavirus instances. The Dow Jones Industrial Common on Wednesday sank 710 factors, or 2.7%, in its worst session since plunging almost 7% two weeks in the past, as rising Covid-19 infections dampened expectations for a swift financial restoration.The S&P 500 and Nasdaq on Wednesday additionally fell greater than 2% of their largest declines for the reason that June 11 nosedive. The Nasdaq’s decline broke an eight session profitable streak, which noticed report excessive closes on Monday and Tuesday. Apple’s rally to information, which had been main the market greater, ended Wednesday. Nonetheless, Apple shares had been barely greater in Thursday’s premarket.2. Weekly jobless claims above 1 million againPeople line up exterior a Kentucky Profession Heart hoping to seek out help with their unemployment declare in Frankfort, Kentucky, June 18, 2020.Bryan Woolston | ReutersThe Labor Division on Thursday reported the 14th straight week of coronavirus crisis-driven preliminary jobless claims of over 1 million. A greater-than-expected 1.48 million Individuals filed for brand spanking new unemployment insurance coverage final week. Earlier than the coronavirus, the report for a single week of recent claims was 695,000 in September 1982. In a potential hopeful signal, folks receiving jobless advantages on an ongoing foundation fell under 20 million final week for the primary time in two months.The Commerce Division stated Thursday that sturdy items orders for May had been up a better-than-expected 15.8% after April’s sharp decline. The federal government’s ultimate studying on first-quarter gross home product confirmed the identical 5% annual contraction that was registered a month in the past. That matched estimates.Former Vice President Joe Biden has jumped out to a 9 level lead on President Donald Trump with 5 months to go till the election, however the CNBC All-America Financial Survey finds the president nonetheless has the sting amongst voters on the crucial situation of the financial system. It is the one situation on which the president leads Biden, who had a 14 level benefit on coping with the coronavirus.3. U.S. hits highest day of recent coronavirus instances The U.S. recorded its highest single day of recent Covid-19 instances ever, with 45,557 diagnoses reported Wednesday, in accordance with a tally by NBC Information. That quantity was greater than 9,000 infections greater than the earlier each day peak on April 26, weeks earlier than states began to close down their economies in hopes of slowing the unfold of the outbreak.Florida and California, two of the most important economies within the U.S., reported report numbers of recent instances and rising hospitalizations, sparking considerations that Tallahassee and Sacramento might be compelled to implement new stay-at-home orders and shut nonessential companies once more.Disney has determined to delay the reopening of its California-based theme parks — Disneyland and Disney California Journey Park — past July 17. In Florida, greater than 7,000 folks signed an internet petition urging Disney and authorities officers to rethink the opening of Disney World in Orlando on July 11. The Wall Street Journal stories that Disney is considering suspending the July 24 launch of “Mulan” as theaters wrestle to reopen. Shares of Disney had been decrease in Thursday’s premarket.4. Trump will not comply with New Jersey quarantine orderThe White Home stated that Trump will not comply with New Jersey’s coronavirus quarantine order when he travels to his Bedminster golf membership this weekend. On Wednesday, New Jersey, New York and Connecticut stated that guests from eight coronavirus sizzling spots, together with Arizona the place Trump was on Tuesday, can be required to quarantine for 2 weeks, or face fines.No less than eight individuals who labored on the advance crew for Trump’s rally in Tulsa, Oklahoma, examined constructive for Covid-19, together with two of Secret Service brokers. The Washington Publish stories that dozens of Secret Service officers and brokers on website for final weekend’s rally had been ordered to self-quarantine.5. Goal provides recent and frozen groceries to curbside pickupThe grocery part of a redesigned Goal retailer in Duarte, California.Supply: TargetTarget, beginning Thursday, is including tons of of recent and frozen groceries to its curbside pickup service as many Individuals search for safer methods to buy through the pandemic. The nationwide retailer will supply 750 new produce, dairy, bakery, meat and frozen meals at over 400 shops by the top of the month and greater than 1,500 shops, or about 80% of its U.S. areas, by the vacations.Goal is among the many large retailers with the best publicity in states the place coronavirus instances are surging, in accordance with funding agency Instinet. The troublesome states recognized within the Instinet evaluation are Florida, Texas, Utah, South Carolina, Nevada, Georgia, Missouri, Montana, Arizona, California, Tennessee and Oklahoma.