Dow Jones Industrial Average Drops Amid Low Commodity Prices; US Jobs Data Strengthens Signal For A December US Rate Hike

U.S. stocks dropped Thursday as low commodity prices and energy stocks weighed on sentiments. Lackluster corporate news out of Europe, concern over slowing China growth and the possibility of a U.S. rate hike pushed down global markets. On a brighter note, demand for U.S. labor is still near its record high, monthly Department of Labor data released Thursday showed.