The NY stock closed in the red and the Dow Jones, its main indicator, fell 0.14% after an irregular session that marks a negative start to August. The selective S&P 500 yielded 0.28%, up to 4,119 points and the composite index of the Nasdaq market, where the main technology companies are listed, slipped 0.18% and closed at 12,369 integers.
(Wall Street posted its best month since 2020 in July.)
The New York parquet lived a day in which sales of shares prevailed and pulled back from last week’s gains, ending its best month since 2020. Analysts said many investors took the opportunity to take profits as they await monthly US employment data due out on Friday.
(The United States enters the ‘limbo’ of the technical recession).
On the other hand, the ISM manufacturing sector activity index was released yesterday, hitting a two-year low in July, sowing concern about the weakness of the economy. At the corporate level, Boeing soared 6.13% after the company managed to avoid a strike at three plants by offering workers a revised contract that they will vote on Wednesday. By sectors, the biggest losses were for energy companies (-2.18%) and financial companies (-0.89%) and those of essential goods (1.21%) and non-essential goods (0.51%) rose especially.
Among the 30 stocks of the Dow Jones, the declines of Chevron (-2.%), Caterpillar (-1.71%) and Travelers (-1.53%) stood out. Apart from Boeing, Procter & Gamble (2.87%), Intel (1.79%) and Home Depot (1.62%) had significant gains.
Likewise, the European stock market ended in negative territory. The Paris stock market closed down 0.18%, while London fell 0.13%, Frankfurt 0.03%, practically unchanged. In Madrid the Ibex-35 lost 0.87%.
EFE
