The world's bags were dyed yesterday in red on Christmas Eve, dragged by Wall Street who lived the worst Christmas Eve in its history. The Industrial Dow Jones, its main indicator, fell 2.91%, although it only operated until half session for Christmas Eve, and fell 653.17 points to 21,792.2, while the selective S & P 500 it fell 2.71% or 65.52 units, to 2,351.1, and the composite index of the Nasdaq market lost 2.21% or 140.08 whole, to 6,192.
The fall of Wall Street drag the rest of world markets. The Tokyo Stock Exchange recorded a strong decline in mid-session today, with a drop of 5.05% in its main indicator, the Nikkei, which was below 20,000 points for the first time since September 2017. Coinciding with the suspension of the operations for the rest of half session, the Nikkei 225, which groups the most representative values of the market, lost 1,018.74 points, to 19,147.45 integers. Tokyo and Shanghai are the only major stock markets in the region that were operating today. The parquet tokiota will complete its last day of this year on Friday, and will not reopen until January 4 for the annual break of the New Year's park.
It did not help that the Secretary of the Treasury, Steven Mnuchin, summoned last weekend to the main bankers of the United States before the retreat of the stock market. Investors are also concerned about the closure of the federal government and reports that Donald Trump privately discussed the possibility of firing the president of the Federal Reserve.
All the economic sectors ended yesterday in red, and the public services sector stood out (-4.26%), the energy sector (-4.02%), the real estate sector (-3.72%), due to their losses, the industrial (-3.14%) and the essential goods (-2.98%).
Wall Street plummeted on its worst Christmas eve in history, which led the S & P 500 to join the bear market and a Dow Jones below 22,000 points. It is considered a bear market when there is a fall of 20% or more from the most recent maximum.
There is much nervousness in the market but also in the White House, where President Donald Trump blames the Federal Reserve (Fed) President, Jerome Powell, after presuming that under his mandate the markets did not stop making money.
Trump considered today that "the only problem" of the US economy is the Fed because that agency "has no tact with the market" and does not "understand" the commercial disputes in which the country is immersed.
The truth is that, according to Wall Street analysts, there is fear of the slowdown in the world economy – Texas oil also falls sharply – and political instability resulting from the third consecutive day of the closure of the Administration of the United States. Trump has come to feel sorry for himself for being "all alone" in the presidential mansion and venting himself sending a dozen messages on Twitter.
Thus, the thirty stocks of the Dow Jones finished in the red zone, with Nike (-5.90%) leading the losses, ahead of Microsoft (-4.17%), Johnson & Johnson (-4.10%) , Procter & Gamble (-3.97%) and United Technologies (-3.88%).
Spanish Stock Exchange
For its part, the main indicator of the Spanish Stock Exchange, the Ibex 35, lost 0.89% yesterday and, for the first time since August 2016, the level of 8,500 points, due to investors' doubts about the future of the worldwide economy.
In a semifestiva day for the Spanish stock market, which closed at 14 hours and not open until Thursday 27, the Ibex subtracted 76.20 points, to 8,480.60 points, with which the annual losses are extended to 15, 56%