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- The trading session in the US closed with a slight decrease in all indices today – Tech shares under pressure again
The trading session in the US closed with a slight decrease in all indices today - Tech shares under pressure again
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Loading...US stocks closed slightly lower , as the technology sector was again under pressure and this was reflected in all markets. Also, the materials sector, the energy sector and the technology as well as raw materials sector decreased. Investors are still considering the Fed's decision and the interest rate increase, and are waiting for the Japanese Central Bank's decision on Japan's main interest rate at tonight. The Initial jobless claims was 237K, but inflation has not reached the levels that the Fed expects. Most of the data on the economy were worse than expected, but interest rates have been increased.
DJIA: -23.68 points / -0.11% - 21,350.88
S & P: -5.46 points / -0.22% - 2,432.46
NASDAQ: -29.39 points / -0.47% - 6,165.50
In the S & P 500 index, the sectors of Materials, Energy, Technology, Finance and Health have decreased.
For DJ, the decline is in all sectors except industrial stocks.
NASDAQ dropped with Google and Tesla.
The Oil price continued to fall to $ 44.30 a barrel, and this probably helped the indexes move further down. The dollar has been rising against most currencies today. The dollar index rose to 97.50. The euro fell after the Fed's decision as well as the Gold.
Investors remain cautious due to the decision of BoJ interest rates today in the Asian session.
Source of the graph: Bloomberg Pro Terminal
Trader - Senan Fuchedzhiev
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