Wall Street closes in red and the Dow Jones falls 1.08%

Wall Street closed this Thursday in red and the Dow Jones Industrials, its main indicator, fell 1.08% after a day of sales in the technology sector.

At the end of the operations in the NYSEthe Dow Jones fell to 34,099.4 points, while the selective S&P 500 lost 1.35%, to 4,376.3 integers.

The Nasdaq composite market index, which groups technology companies, fell 1.87%, to 13,463.9 units.

The New York parquet started the day in green but finally turned red, with investors betting on sales, and especially in the technology sector.

The falls of giants such as Netflix (-4.82%), Tesla (-2.88%), Amazon (-2.72%), Apple (-2.62%) Meta (-2.55%), Microsoft (-2.15%) or Alphabet (-2.09%).

Processor maker Nvidia, which reported stellar quarterly results on Wednesday buoyed by developments in artificial intelligence, rose just 0.1%.

The market is awaiting the annual symposium of central banks in Jackson Hole (Wyoming), which began today, and where this Friday the president of the Federal Reserve, Jerome Powell, will intervene.

All sectors closed in red, led by technology (-2.15%), communications (-2.04%), non-essential goods (-2.01%) and industrial (-1.22%).

Among the 30 Dow Jones listed companies, the biggest losses were for Boeing (-4.93%), Walgreens (-4.60%), Intel (-4.09%) and Disney (-3.91%).

In other markets, Texas oil rose to $79.05 a barrel and at the close of the stock market, the 10-year bond rose to 4.239%, gold fell to $1,944.5 an ounce and the dollar strengthened against the euro, with a change of 1.0805.