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<img src = "https://www.investor.bg/images/photos/0265/0000265617-article3.jpg" alt = "US indexes end the first day of the week in red territory after sharp decline of the technology sector that began last year The Nasdaq dropped nearly 1.4% to a level of 7630.00 points, and the Facebook and ] Netflix decreased by 2.1% and 5.6% respectively. Amazon decreased by 2.2%, while Alphabet lost 1, 8% of its value. The Nasdaq recorded a 3.86% decline over three days, the largest since the end of March, when it lost 5.12% of its value in three sessions
decreased 0.6% to 2802.60 points, with the technology sector dropping 1.7% The stock of technology companies fell last week after Facebook recorded a 19% drop on Thursday because of lower-than-expected revenue and a deterioration in their growth forecasts. Last week, the tech sector fell by 1.15% due to a collapse in the value of the social network. Business concerns rocked investors on Monday after Reuters announced that Canada, the EU, Japan, Mexico and South Korea will meet next week to discuss their response to the news. imposition of rights on American cars by US President Donald Trump "I think the market will panic," said Peter Kardillo, chief economist of Spartan Captain Titles. "These obligations appear in the financial statements and will eventually reach the consumer, and when that happens, the moods of consumers will get bogged down," said the badyst. While referring to uncertainty over policies and commercial duties, the company's course fell by more than 7%, while Caterpillar announced a better-than-expected profit in the second quarter and increased its forecast for the entire year. The American Express declined 2.8%, after the Wall Street Journal reported that the company was attracting small business customers at low exchange rates and then raising them without warning [19659005] The price Visa fell by 2.9%, after as Kroger reported that its California subsidiary would stop accepting credit cards with high fees In the bond markets, 19-year US 19-year bond yield reached its highest level for more than a month, starting at 2.99% while awaiting the Federal Reserve's monetary policy decisions (19459015) US Treasury bonds at age 30 also rose to 3.113%. Gold fell slightly, with US futures on the precious metal with delivery in August. $ 1.70 to $ 1221.30 In the commodities market, investors remain on the lookout for oil supply prospects, but the commodity continues to rise. US crude oil futures WTI increased by $ 1.44, or 2.1%, to $ 70.13 per barrel, and on the variety Brent – 83 cents, or 1, 1%, at $ 75.12 per barrel In the currency markets, the dollar also fell in anticipation of major central bank meetings this week. The US dollar index, which measures its value against six competitors, fell 0.32% to 94.37 points. The euro is slightly appreciated against the dollar, rising to $ 1,1702 after growth. 0.39%. The exchange rate of yen against the dollar rose insignificantly by 0.2% to a level of 111.05 yen per dollar
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