The Dow finished more than 240 points lower on Thursday, while the S&P 500 and Nasdaq 100 lost almost 0.8% and 1%, respectively, as persistent concerns about the economic outlook and higher interest rates rattled optimism about upbeat earnings reports and raised worries on companies' future performance. Richmond Federal Reserve president Thomas Barkin was among the latest officials to acknowledge that the US economy is slowing but warned on continuing rate to ensure inflation doesn't get entrenched. Meantime, initial jobless claims, the most timely snapshot of the labor market, came in at 196,000 for the week ended Feb. 4, an increase of 13,000 from the prior week, but still poting to a tight labor market. On the earnings side, Walt Disney lost about 1.3% amid upbeat earnings after announcing a restructuring plan that includes job cuts and cost savings. PepsiCo added 0.9% as the soda maker reported quarterly results that surprised investors on the upside.