Strong losses over 5% for Nasdaq after yesterday’s jump 12% – over 4% losses for Dow Jones and S&P 500
Following Wednesday’s explosive rise, the New York Stock Explosion is again in the deep red, losing almost half that it won in yesterday’s historic rally, as investors appear cautious due to the many duties that still remain in force.
Thus, the Dow Jones Industrial Index fell 4.35% to 38,843 points, the NASDAQ index of high -tech companies loses 5.71% to 16,143 points and the enlarged S&P 500 index is losses of 4.81% at 5,193 points. It is recalled that yesterday, Nasdaq closed with an increase of more than 12%.
The fall are the titles of Apple and Tesla, which lose over 7% and 11% respectively. Nvidia records losses of more than 8%, while Meta Platforms reports more than 7%.
THE Patrick O’Heir, An analyst of briefing.com said that the “retreat” today is “not surprised”. Taking into account Wednesday’s significant profits, many investors believed that they have won a “gift” that allows them to sell today, “knowing that the uncertainty about duties and the economy has not been resolved” with US President Donald Trump’s announcements.
The suspension of duties for 90 days announced by Trump on Wednesday, “is useful, but not a solution to uncertainty,” O’Heir summarized.
THE Christopher Lowe, FHN Financialhe told the French agency that “The period of duty suspension is small enough ‘and to support a dynamic rise to Wall Street will need ‘agreement to agree»With a number of countries.
The price of oil also falls. Around 18.15 (time of Greece) the Northern sea brent June delivery fell 3.59%to $ 63.13 a barrel. The American WTI, a May tradition, was down 4.06%, at $ 59.82 a barrel.
The dollar has accelerated its fall and reached the lowest point against the French franc for a decade. Around 118.05 he fell 2% against the euro and 2.8% against Francus Switzerland.
Source: Skai
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