Dow falls more than 100 points, headed for fourth day of losses; European markets close mixed as ECB slows pandemic bond buying; easyJet down 10% 
The Dow Jones Industrial Average fell more than 100 points on Thursday as the 30-stock Dow headed for its fourth day of losses. 
The Dow Jones Industrial average lost about 125 points, dragged down by Amgen and Merck. The S&P 500 fell 0.3%, while the Nasdaq Composite traded near the flatline. 
Investors remained cautious as they try to discern what’s next to happen with the delta variant, the economic reopening and the Federal Reserve. 
Several airlines on Thursday lowered their forecasts because of the resurgence in Covid. United Airlines, American Airlines and Southwest Airlines each gave cautious comments; however their stocks remained in the green. 
Boston Beer tanked more than 3% after pulling its earnings guidance amid slowing growth in its hard seltzer brand. Meme-favorite GameStop dropped, then pared some losses after the video-game retailer posted a narrower loss compared with the year prior. The retailer did not provide an outlook or grander turnaround plans. 
Moderna shares rose more than 7% after the drug maker said it’s developing a single dose vaccine that combines boosters against Covid and the flu. 
Shares of athletic retailer Lululemon surged more than 11% and furniture retailer RH rose nearly 8% on the back of better-than-expected earnings. Lululemon also offered a stronger-than-forecast outlook for the third quarter and the year. 

Eropean stocks closed mixed on Thursday as investors in the region reacted to announcements from the European Central Bank. 
The pan-European Stoxx 600 ended the session barely below the flatline, having fallen as much as 0.8% earlier in the day. Industrials added 0.6% while basic resources slumped 0.8%. 
The European Central Bank kept its monetary policy unchanged on Thursday but opted to slow down the pace of net asset purchases under its pandemic emergency purchase program. 
In terms of individual share price movement in Europe, easyJet plunged 10.2% after announcing a discounted rights issue, aiming to raise £1.2 billion ($1.65 billion) to fund its pandemic recovery. The British airline also revealed on Thursday that it had recently rejected a takeover offer. 
Genus shares fell 7.5% after missing full-year profit expectations. 
Source: CNBC, Investing.com