US stock markets declined on Thursday with the Dow Jones dropping 0.4%, the S&P 500 losing roughly 0.9%, and the Nasdaq falling over 1.2%, after two days of losses. The declines were influenced by an unexpected drop in jobless claims, which fell to 218,000 for the week ending September 20, suggesting resilience in the labor market and complicating the Federal Reserve's rate cut prospects. Meanwhile, US GDP rebounded strongly in Q2, growing at an annualized rate of 3.8%, higher than expected, indicating economic resilience. Corporate movements included Oracle's shares falling over 4% after an analyst initiated coverage with a Sell rating, citing overestimated cloud revenue prospects and risky valuations. IBM shares rose over 3% following HSBC's demonstration of quantum computing's potential to improve market forecasting accuracy. Tech stocks in China, such as JD.com and Xiaomi, extended their rally, driven by AI advancements and positive sentiment. Meanwhile, Oracle announced plans to raise $18 billion in debt, and Intel's shares increased over 3% amid reports of seeking investment from Apple. The market is cautious ahead of upcoming inflation data, with futures indicating slight declines, and investors remain wary of possible government shutdown risks and geopolitical developments affecting the tech and financial sectors.