Wed. Aug 21st, 2019

Wall Street closes with heavy losses and the Dow Jones falls 800 points



Wall Street closed on Wednesday with heavy losses and the Dow Jones fell 3.05% due to the decrease in the profitability of the US public debt, which generated a brief investment in the curve of the Treasury bonds to 10 and 2 years, in which some analysts see a sign of recession.

According to provisional data at the close of operations, the main indicator in New York cut 800.56 points, up to 25,479.35 integers, while the selective S&P 500 fell 2.93% and the Nasdaq market composite index was left 3 , 02%.

The financial sector was one of the hardest hit of the day (-3.57%), dragged by large banking groups such as Citigroup (-5.28%), Bank of America (-4.69%), JPMorgan (-4 , 17%), Goldman Sachs (-4.20%) or Wells Fargo (-4.33%).

. (tagsToTranslate) Wall (t) Street (t) lost (t) Dow (t) Jones



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