Wall Street’s major indices close in negative territory | Finance | Economie

New York Stock Exchange Thursday closed in red and its main indicator, and Dow Jones, It lost 0.56%, when investors continue to fear a possible recession. While it was selective Standard & Poor’s 500 It fell 1.13%.

On the other hand, the composite market index Nasdaq Which brings together the major technology companies, incurred the largest losses, down 1.43%, to 11,552.

(We see: World Bank warns of increased risks of global recession by 2023).

Last Tuesday, the US stock market fell sharply after learning that the annual inflation rate in August eased its rise, but less than expected. Several statements were released this Thursday. On the one hand, Unemployment claims were better than expected. But import prices fell less than suggested estimates.

Retail sales beat expectations but were negative if auto data were excluded. finally, Manufacturing data also showed the economy slowing.

(We see: Agriculture and Energy Transition, Keys to Latin America’s Future).

By sectors, the index dominated in red at the close of the trading day and the biggest losses were in the energy sector (-2.6%) and public services (-2.5%). While the only sectors that closed positively were the health sector (0.55%) and the financial sector (0.31%).

Among the 30 values ​​of the Dow, red also prevailed and losses sales force (3.4%) and Microsoft (2.7%) while at the other end, gains emerged United Health (2.6%) and JP Morgan (1.5%).

(We see: Year-on-year inflation in Argentina was 78.5% in August).

On the NASDAQ, shares bricks closed down 16.8% after the company announced a $20 billion deal to buy half of it figma A collaborative design platform that has become one of its biggest competitors.

EFE