As the trading day draws to a close and markets (^DJI, ^IXIC, ^GSPC) enter into extended trading hours, Yahoo Finance markets reporter Josh Schafer breaks down Thursday's top market developments, including the prior week's jobless claims data that may be suggesting that the labor market appears to be "leveling off," current outlooks regarding the Federal Reserve's next move on interest rates, and trading trends for Big Tech stocks in the tech-heavy Nasdaq 100 (^NDX).

For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.

This post was written by Angel Smith