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Wall Street closes in red and the Dow Jones falls 0.33%

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

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