US stocks snap 2-day rally as tech giants slide and jobless claims disappoint

US stocks declined on Thursday for the first time in three days after weekly jobless-claims data came in higher than economists anticipated.
Filings for unemployment benefits totaled 1.3 million in the week that ended on Saturday, landing above the 1.25 million estimate and falling just 10,000 from the previous reading.
Tech giants led indexes' downturn as investors weighed risks heading into earnings season.
Oil futures dropped, with West Texas Intermediate crude falling as much as 1.7%, to $40