Saturday , September 18 2021

Apple was on Red Day on Wall Street



Arrows pointed to Wall Street on Wednesday, due to the fact that consumer prices in the US began to work as expected.

Data from the US authorities showed that in October consumer prices increased by 0.3% compared to September. The index increased by 2.5 percent year on year, and core inflation was 2.1.

"I think the stock market is undergoing constant sales pressure that began in early October, if investors do not understand what is behind the sale or what started, do not hesitate to buy. Continuous downward pressure means that investors are not the owners. such a large amount of shares, especially in connection with the persistent instability and sales pressure "- said Robert Pavlik, investment strategy at SlateStone Wealth, for CNBC.

What's more, the British government decided to support the draft agreement on the content of the bit.

– The government decided to join the draft contract. This is a key step that will allow us to move to the next stage and finalize the agreement in the coming days, he said in a short statement addressed to the press in front of the Prime Minister's home on Wednesday evening.

The pound fell before the announcement from London and was sold at 1.2897 for just an hour of snail before the press was announced. On Wednesday evening, the pound stands at 1303 against the dollar.

Dow Jones fell to 25,080 50 points, less than 0.81 percent.

6 out of 30 shares in the index increased.

A company from the chemical industry DowDuPont he was today's winner in the world ranking.

According to a quarterly report published at the beginning of November, the company achieved solid growth in the third quarter. Turnover increased by 32 percent compared to the previous year.

The resource has invested 0.89 percent.

At the top of the list of losses we find an insurance giant Travelers CosThe market value of the company decreased by 2.97%.

The S & P 500 fell to 2.701.58 points, down 0.76 percent.

Financial stocks clearly lost on Wall Street on Wednesday.

Although consumer prices reached the analyst's consensus, there were probably more market players who believed in a higher price jump for a high number of jobs and a tight labor market in recent times. Interest rates have declined, and Fed chairman Jerome Powell now seems to have control inflation. The risk of growth on the American interest rate path was not higher according to today's key indicators.

In addition, Maxine Walters, Democrat representative in the United States, said that Trump's fight to fight regulatory pressure in the US banking sector will now become a strong counterpart in the Parliament. Republicans lost the majority in the House of Representatives in the middle of the USA in early November, and fair laws and regulations require an interrogation among Democrats in the Trump House so that they can go through their policies.

Goldman Sachs he ended 1.28 percent.

Citigroup 2.89 percent fell.

JPMorgan withdrew by 2.97 percent, while Bank of America lost 1.91 percent of market value.

General Electric he had a bad day in the stock market and ended up at 3.14 percent.

Nasdaq Composite finished the day at 7.136.39 points, down 0.90 percent.

Apple he was a big loser and shares fell by 2.82 percent.

AMD they were among the winners, and very volatile inventories increased by 6.12 percent.

Tesla increase in market value by 1.56 percent on Wednesday.

Facebook he also had a good day and went to the market. Share increased by 1.45 percent.

Microsoft fell by 1.42 percent.

Netflix fell by 2.61 percent.

Other interesting actions include oil companies, such as Transocean and Baker Hughes. The first ten-year rate was 1.48 percent oil prices, while the latter withdrew by 2.73 percent. Exxon Mobil they fell by 0.74 percent.

Two resources related to cannabis Aurora Cannabis and Canopy Growth Corporation it experienced a difficult day on the stock market and dropped by 8.06 and 11.07 percent respectively.

The VIX index increased by 6.14 percent to 21.25 points.

The gold price ended the day at $ 1 211.30 per ounce, 0.83 percent.


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