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This decline was a reaction to Lumentum Holding, which provides facial recognition technology, announced significantly weaker demand, which the market interprets as a decline in demand for Apple's Iphones. The Apple course has failed in recent weeks, especially since the technology giant has decided not to communicate the sales figures of its mobile phones, tablets and computers. Analysts have interpreted this negatively. When companies stop reporting important parameters, it usually means that the results are down.
Other major exchange rate fluctuations have led to a 7.7% drop in the price of the large Goldman Sachs Bank since the Malaysian Finance Minister announced that the country wanted to obtain compensation for an investment fund. government investment.
The tobacco companies also went bankrupt after learning that menthol cigarettes could soon be banned in the United States. In addition, it is thought that age restrictions on electronic cigarettes should be introduced. Philip Morris supported 1.2%.
In the row of losers, there was also the rich industrial law General Electric. The newly-acclaimed CEO, Larry Culp, spawned the market when he announced in an interview for CNBC that it was possible to be forced to sell business and that the stock had fallen by 6.5%.
The Dow Jones Industrial Index fell 2.3%, the composite Nasdaq 2.8% and the S & P 500 2.0%.
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