Wall Street closed in the red again this friday and the dow jones of Industrialists, its main indicator, 0.68% was left dragged down once again by the tensions around Ukraine.
(Wall Street joins the metaverse with JP Morgan Bank).
Upon completion of trading on the New York Stock Exchange, the Dow lost 232.85 points, up to 34,079.18 units, while the selective S&P 500 fell 0.72% or 31.39 integers, to 4,348.87 points. For its part, the Nasdaq market composite index was worse off and fell 1.23% or 168.65 units, to 13,548.07 integers.
Wall Street closed its second consecutive week of losses, with the three major indices falling more than 1% in the calculation of the five days. The New York parquet sailed in negative territory from the beginning of the session, after having suffered the day before its biggest losses since last November as a result of the possibility of a Russian invasion of Ukraine.
(Spending with credit cards in 2021 exceeded 80 billion pesos).
With US authorities insisting that Moscow could intervene in the neighboring country looming and a rise in tension on the ground between Ukraine and pro-Russian separatists in the east of the country, investors maintained the jitters that sent the Dow down 1.78% on Thursday. In addition to the geopolitical conflict, the markets are also concerned about strong inflation in the US and the tightening of monetary policy by the Federal Reserve (Fed).
By sectors, the biggest losses were for technology (-1.1%) and industry (-0.9%), while only essential consumer goods companies (0.1%) ended the day in the green. A majority of the 30 Dow Jones stocks ended the session in the red, with a particularly significant drop for Intel (-5.32%), punished by investors after presenting its new growth strategy and warning that it will have to do large investments in the next two years to transform its business and be able to compete with its rivals.
(Inflation in January was 1.67% and took the annual figure to 6.94%).
Boeing (-2.14%), Salesforce (-1.50%) or Caterpillar (-1.43%) also recorded clear losses, while on the other hand, the gains of Cisco Systems (2.58%) stood out above all. .
In other markets, the price of oil Texas Intermediate (WTI) fell to $91.07 and, at the close of the trading session, gold fell to $1,899.20 an ounce; the 10-year Treasury bond yield fell to 1.916% and the dollar gained ground against the euro, with an exchange rate of 1.133.
EFE
