Facebook sales decline shocked Wall Street – hegnar.no



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Mood was mixed on Wall Street at the end of Thursday

Facebook's historic slowdown was characterized by technology-rich Nasdaq, which closed the day from 1.01 to 7.852.18 [19659003]. The costs have disappointed Facebook shareholders. The company had to take huge costs as a result of the Cambridge Analytica scandal

Facebook was today the most traded share and had the strongest history of the world. ;history. The stock ended down $ 41.24, or 19%, to $ 176.06.

Amazon also fell Thursday, down 3 percent to $ 1.808 in regular trade before the company closed the quarterly figures after the end of the year.

] Quarterly figures were good and the stock rose 4.4% to $ 1,887 on the aftermarket

Profit after tax was 2 , $ 5 billion, or $ 5.07 per share. $ 197 million and 40 cents a share by

Full quarterly report to Amazon

The financial sector was also under pressure, helping to send the S & P 500 wider by 0.3% to 2,837.44

Dow Jones on the other hand had a strong trading day, rose for the third consecutive day, finishing at the highest level of five months, up 0.44% to 25,527.07.

Ford dropped 6 percent after reporting losses at the top of $ 400 million in the second quarter of Asia and Europe

Winners and losers of New York Stock Exchanges

The VIX Index fell 1.2% to 12.14.

10 year interest rates remained unchanged at 2.977 percent, while two-year rates rose 15 points to 2.677 percent.

Oil prices rose and light oil finished 36 cents to 69.66 dollars. The price of gold dropped 65 cents to $ 74.58

The price of gold dropped from $ 9.4 to $ 1,222.42

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