(News Bulletin 247) – The New York Stock Exchange ended Tuesday’s session down, penalized in particular by renewed concerns about the financial sector. The Dow Jones fell 0.6% to 33,402 points and the Nasdaq Composite fell 0.5% to 12,126 points.
Some of the major banking stocks on the American side have indeed weighed on the trend, such as JPMorgan Chase (-1.3%), Goldman Sachs (-1.2%), Bank of America (-2.1 %) or even Citigroup (-1.3%).
‘In an interview this morning, Janet Yellen said that the banking turmoil was stabilizing, but that US regulators remained ready to act to protect deposits if necessary,’ noted Wells Fargo on Tuesday evening.
The latter also highlighted a JOLTS survey which showed that job offers in the United States had fallen below 10 million in February, to their lowest level since May 2021, thus suggesting that the labor market was starting to slow down.
Caution therefore prevailed before the many data expected by the end of the week in the United States, with in particular the PMI and ISM activity indices for services, this Wednesday, then the monthly employment report, Friday.
Meanwhile, after a 2.1% fall in January (revised figure of -1.6% initially announced), US factory orders fell a further 0.7% in February, according to the Commerce Department. .
On the values ​​front, Ford climbed into the green (+0.3%), the manufacturer having claimed a total of nearly 457,000 vehicles sold during the first quarter in the United States, a figure up 10 .7% in annual comparison.
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