He defeated the rally of the Amazon, losing on Wall Street



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Investors were focusing on the frustrating Intel, ExxonMobil, Chevron and Twitter, with the technology index getting the biggest pressures. Amazon was the only brilliant exception in today 's session, but the original + 5% dropped to the bottom, under pressure from the Nasdaq.

Dow Jones fell 0.3 percent to 25.451, but closed in positive territory the week. The Nasdaq slipped 1.46% to 7.737 points, the second consecutive weekly decline. The S & P 500 posted losses of 0.66% to 2,818 units

US GDP grew the most in about four years in the second quarter. More specifically, it increased by 4.1%, compared to 2.2% in the first quarter of the year

Consumption increases by 4%, while fixed capital formation increases by 5.4%

. a free fall of 20.6% was recorded on Twitter, the social network announcing a decrease in active users compared to the first quarter.

The action of Amazon closed at a marginal increase of 0.05% during the session reached 4.6%. The e-commerce giant announced earnings above expectations.

Net income rose from the previous quarter to a record $ 2.5 billion, exceeding the one-billion mark for the third consecutive year, the first to be in the fourth quarter of 2017.

Intel's share fell 8.6%.

Crude oil fell 1% to 68.84 dollars a barrel, while gold fell 0.3% to 1231 dollars an ounce, the largest semiconductor maker to the world having announced disappointing results for badysts.

On the foreign exchange market, the dollar fell against the euro, the yen and the British pound, erasing its first gains after the GDP figures

In bonds, the yield of the dollar was higher. 10-year US bond moved two basis points to 2.95%

Source: Newmoney.gr

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