Wall Street falls in front of a panorama of exceptional economic data

On Wall Street, the major stock indexes spread the day with falls and a contrasting weekly balance sheet after a week of very dynamic reports and a panorama of exceptional economic indicators. The Dow Jones industrial average, fell 0.30 percent to 25 thousand 451.06 units, the S & P 500, fell 0.66 percent to 2 thousand 818.82 units and the technological Nasdaq, fell 1.46% up to 7,737.42 points.

During the week, the Dow Jones and S & P 500 rose 1.57 and 0.61%, while the Nasdaq lost 1.06%.

The week was led by the technology falls where Facebook and Twitter showed signs of slowing the latter affected by records in the growth of its users, the titles fell today. hui ] 20.54 percent.

Investors reacted negatively to the exceptional GDP figure of 4.1%, its strongest expansion in four years, during the second quarter. Which were greeted by President Donald Trump. Although several economists predict that the economy could cool

GDP data were supported by consumer spending which grew at an annualized rate of 4.0% and business investment rebounded by 7.30% in the quarter.

The big oil companies were on the radar of investors, Exxon Mobil disappointed that participants then revealed decreases in their profits while their production reached its lowest level in a decade, its shares fell by 2.75% .

In the same vein, Chevron continued the disappointments, but announced a $ 3 billion stock buyback plan, which was helpful to investors, which allowed their stock to move forward. 1.63%.

Conversely, the broadcasters who had a negative performance are Intel, with a fall of 8.59%, followed by Exxon Mobil, Cisco and Microsoft.

In Mexico, the week was marked by the company reports and the launch of the new stock market, the national stock exchange rejected the session with advances, the index Price and Quotations, increased by 0.42 percent which brought it to 49 thousand 643.94 units, while the FTSE BIVA gained 0.39%, up to 1003.53 points.

On the weekly balance, both indices finished positive and gained 1.50 and 0.99% respectively.

The broadcasters who scored the main advances were Elektra, with an increase of 7.09%, for the third consecutive day, followed by Volaris and Banco Santander de México.

In contrast, the broadcasters who recorded a negative session were Gruma, with a 4.02% drop, followed by Grupo Aeroportuario del Pacifico and Arca Continental.