New York, Jan 20 (Latest).- Wall Street closed this Thursday in the red after staying in positive territory almost all day on a new day marked by high volatility, after the Nasdaq index was in correction the day before, that is, say, 10% below his last record.
According to data at the end of the session on the New York Stock Exchange, the Dow Jones fell 0.89% and cut 313.26 points, to 34,715.39 units, while the selective S&P 500 fell 1.10% or 50 .03 integers, up to 4,482.73 points.
The Nasdaq Composite Index, which brings together the most important technology companies, and which yesterday plunged into correction territory, fell again by 1.30% or 186.23 units, to 14,154.02 integers.
The New York stock market experienced another volatile day in which fears of a tougher monetary policy by the Federal Reserve prevailed again, with several increases in interest rates expected this year.
The VIX index, which measures fear on the floor, soared 8.43% today and reached figures not seen since the beginning of December, when the stock market collapsed after the first data on the expansion of the omicron variant of the coronavirus.
“With rate hikes looming and a historically volatile mid-year on the horizon, more violent ups and downs could be in store for investors this year,” LPL Financial analyst Ryan Detrick was quoted as saying on Thursday. on the CNBC channel.
Today also highlighted the collapse of the shares of the fitness company Peloton, after learning that it plans to temporarily suspend its production of exercise bikes and treadmills due to a lack of demand.
At the close, its shares lost 23.93% of their value.
By sectors, all closed in losses, with non-essential goods (-1.94%) in the lead, followed by raw materials (-1.43%), technology (-1.33%) and industrial (-1.24%), while only the public services sector remained positive (0.14%).
Among the 30 Dow Jones listed firms, the largest declines were for Dow (-3.39%), Intel (-2.95%) and Home Depot (-2.81%), while only Travelers closed positive ( 3.19%), Procter & Gamble (0.54%), Goldman Sachs (0.22%) and UnitedHealth (0.1%).
In other markets, Texas oil fell to 86.90 dollars a barrel, and at the end of the session, gold fell to 1,838.10 dollars an ounce, the ten-year bond fell to 1.822% and the dollar gained ground to the euro, with an exchange rate of 1.1305.
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