Wall Street closes with significant losses



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Wall Street closed today with significant losses and the Dow Jones gave 0.99% in a very volatile session that went from less to moreSince the start of the day with great optimism, he moderated his profits in mid-session and closed with a new correction of stock prices, such as those of Boeing or Amazon.

According to the data at the end of the session, the Dow Jones subtracted 245.39 points, up to 24 thousand 442.92 full, while the selective S & P 500 lost 0.66% or 17.44 points, up to two thousand 641.25.

The composite Nasdaq market index, which lists the most important technology groups, recorded the biggest drop of the day, of 1.63% or 116.92 points, up to seven thousand, 050.29.

The last 30 minutes of the New York Stock Exchange were exciting, as there were moments of nervousness as the Dow Jones left 566 points at its lowest point, reducing losses to 245 points to cushion. the negative dynamics of the market. who is immersed the Stock Exchange New York

This has a lot to do with this new slowdown, which sometimes seemed disastrous, with bad corporate data such as Boeing, which closed the day by subtracting 6.59% from its value, or IBM with 4.13. % less.

But companies such as Amazon (-6.33%) and other technologies usually pulled by the stock-car, such as Alphabet (-4.80%) or Apple (-1.88), also fell back a lot. Some analysts have come to speak today of "technological disaster" in the US trade press.

Among the sectors that ended the session in red, there are: energy (-1.88%), technology (-1.81%), industry (-1.68%) and communications (- 1.61%).

The best unemployed were real estate (1.56%) and services (1.35%).

Analysts Wall Street They are already talking about the fact that the stock market is heading towards a protracted correction phase after several months of boom, as investors are reassessing growth prospects for next year.

In this regard, investors are worried that the United States will consider imposing tariffs on more Chinese products if future talks between President Donald Trump and Xi Jinping fail.

JM

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