Wall Street closed this Thursday in red, and the Dow Jones Industrials, its main indicator, fell 0.33%, as investors analyze the business results of the country’s main companies published this week.
At the close of operations, the Dow Jones fell to 33,786.62 units and the selective S&P 500 subtracted 0.60% to 4,124.79 points.
For its part, the composite index of the Nasdaq market, in which the main technology companies are listed, fell 0.80% to 12,059.56 integers.
This morning, AT&T and American Express reported their latest quarterly results and the disappointing results from these companies put further pressure on market concerns.
For its part, today Tesla shares fell 9.75%, since the electric vehicle company announced, yesterday after the stock market closed, a sharp drop in its profits.
Everything indicates that the three main indices will close tomorrow with weekly losses.
The only sector that closed in green was essential goods, with a rise of 0.06%. While the greatest losses were for non-essential goods and real estate, which fell by 1.48% and 1.19%, respectively.
Among the 30 Dow Jones stocks, the companies with the biggest losses were Verizon (-3.65%) and Cisco (-3.04%), while the biggest gains were for Walgreens (1.55%) and Visa (0 .87%).
In other markets, Texas oil closed at US$77.29 a barrel, and at the end of the trading session the yield on the 10-year US bond fell to 3.536%, gold rose to US$2,015 an ounce, and the dollar lost ground against the euro, with a change of 1.0966.
Source: Elcomercio
I am John Casanova. I am an author at 24 news recorder and mostly cover economy news. I have a great interest in the stock market and have been writing about it for many years. I am also interested in real estate and have written several articles on the subject. I am a very experienced investor and have a lot of knowledge to share with others.