Dow Jones falls 0.47% in a volatile session
Wall Street closed in the red this Thursday. Its main indicator, the Dow, lost 0.47% in a new day marked by volatility and the loss of value of shares of the leading technologies.
At the end of the New York Stock Exchange operations, the Dow Jones fell 0.47% or 130.40 points, to 27,901.98 units. It was weighed down by large listed companies such as Goldman Sachs (NYSE: GS ) (-2.91%), Salesforce (NYSE: CRM) (-2.42%), Nike (NYSE: NKE) (-1.88%), Apple (NASDAQ: AAPL) (-1.59%) and Walt Disney (NYSE: DIS) (-1.41%).
Losses that could not be offset by the good results of other large companies such as Walgreens (NASDAQ: WBA), Dow Inc (2.55%) or Caterpillar (NYSE: CAT) (1.83%).
The S&P 500 also ended with losses. It dropped 0.84% or 28.48 points, 3,357.01 integers. The Nasdaq index also fell by a remarkable 1.27% 140.19 points, to 10,910.28 integers.
Facebook (NASDAQ: FB) was the major technology worst stop of the day, with a fall of 3.3% followed by Netflix (NASDAQ: NFLX) (-2.8%), Amazon (NASDAQ: AMZN) (-2, 3%), and Alphabet (NASDAQ: GOOGL) (-1.7%).
Snowflake, a software company specializing in “big data” solutions, started its listing on the stock market on Wednesday and became the star of the day after its entry price of $120 per share soared to the 256.09. on Thursday, today, it decreased by by10.4% to $ 194.36.
By sectors, real estate (-2.19%) and telecommunications (-1.56%) were the most affected, along with non-essential goods (-1.59%), financial (-1%) and technological (-0.84%).
Only the raw materials (0.76%), industrial (0.23%), and energy (0.2%) sectors managed to close the day on a green ground.
The Fed’s announcement on Wednesday that it would keep interest rates close to 0% until 2023 did not end up encouraging investors.
WTI oil rose to $40.97 a barrel; gold fell to $1,954.40 an ounce. The yield on the 10-year Treasury bond stood at 0.689%. Besides, the dollar lost ground against the euro, with a change of 1.1848.
