Dow closes 400 points lower as tech sell-off resumes; European stocks close lower after ECB decision; Games Workshop up 12%; BELEX15 up 0.1%; Key policy rate kept on hold 
Stocks fell sharply in volatile trading on Thursday as the rout in tech — the best-performing sector in the market — resumed after a one-day respite. The Dow Jones Industrial Average traded 463 points lower, or 1.7%. Earlier in the session, the Dow was up more than 200 points. The S&P 500 slid 1.9% and the Nasdaq Composite was down 2.3% after surging as much as 1.4%. Apple shares were down 3.9% after rising as much as 2.7%. Tesla, which was up more than 8% at one point, traded 0.6% lower. Netflix and Microsoft were both lower along with Facebook and Amazon. 
The Labor Department said the number of first-time filers for unemployment benefits came in at 884,000. Economists polled by Dow Jones expected claims to come in at 850,000. 

European stocks closed lower Thursday after the European Central Bank held interest rates steady and said it expected the euro zone to suffer a smaller recession than it had feared. The pan-European Stoxx 600 provisionally closed down by over 0.5%, with mining stocks falling 1.5% to lead losses. Autos and travel and leisure shares bucked the trend, up around 0.6% and 0.7% respectively. 
It comes after the ECB announced it was keeping its interest rates and coronavirus-stimulus program unchanged. The central bank also said its baseline scenario for the euro zone was for GDP to contract 8% this year, a modest improvement on the 8.7% contraction it had projected in June. 
Games Workshop shares rallied nearly 12% after an upbeat three-month trading update. 

BELELX15 added only symbolic 0.1% as Energoprojekt gained 5%. At the same time this was the most active name with RSD 1m in volume. NIS was also among more trade stocks with RSD 0.7m in volume. 
At its meeting yesterday, the NBS Executive Board voted to keep the key policy rate at 1.25%. In making the decision, the Board was guided by the achieved and expected effects of monetary policy measures adopted to mitigate the negative impact of the pandemic and encourage economic growth. The Board expects that past monetary policy easing and primarily the key policy rate cut by 1 pp from the pre-crisis level will continue to contribute to the preservation of favourable conditions of financing for businesses and citizens and to a further rise in their disposable income. 
Source: CNBC, Ilirika