Wall Street suffered a stock market beatdown Thursday with hopes for a quick turnaround for the economy dashed by a surprise resurgence in unemployment. The Dow tumbled 353 points in its first drop all week. The S&P 500 shed 40. The Nasdaq got slammed - falling more than 2 percent, a dive of 244 points.

Subscribe: http://smarturl.it/reuterssubscribe

Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled.

Get the latest news on: http://reuters.com/
Follow Reuters on Facebook: https://www.facebook.com/Reuters
Follow Reuters on Twitter: https://twitter.com/Reuters
Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en