Wall Street remains in losses and the Dow Jones down 1.29%

Wall Street remains in losses and the Dow Jones down 1.29%



Wall Street continues today with losses and the Dow Jones Industrial, its main indicator, fell by 1.29% at the beginning of the session, in a day marked by quarterly results of companies that have not reached the expectations of investors.

Half an hour after the opening, the main indicator remained 326.45 points, up to 24,990.96, while the selective S & P 500 fell 1.42% or 39.09 points, to 2,716.79.

The composite index of the Nasdaq market, in which the most important technological groups are quoted, also fell by 1.71% or 127.53 points, to 7,341.10 integers.

Wall Street started from the first minute in red in a day marked by the quarterly results of companies that have not reached the expectations of investors in the New York Stock Exchange.

The fall has been widespread in all economic sectors, but the ones that have suffered the most are energy and technology, just a few days before companies such as Microsoft, Twitter or Alphabet – Google's parent – make their results known. quarterly

But the data that has marked today, with a descent of more than 300 points of the Dow Jones – it is already below the 25,000 points, are those of the companies 3M and Caterpillar.

These two companies lost 8% and 7% of their value, respectively, within half an hour of initiating the session on Wall Street.

In a bad start of the session, all economic sectors presented losses and highlighted the energy (-2.70%), technology (-2.07%), materials (-1.92%) and industrial (-1.87%)

Among the 30 titles listed in the Dow Jones, only half a dozen companies had profits, such as McDonald's (4.77%), Verizon (2.86%) or United Technologies (1.33%).

The companies that fell the most at the beginning of the session were Caterpillar (-8.16%), 3M (-6.56%), Microsoft (-2.67%) or DowDuPont (-2.62%).

In other markets, the barrel of Texas fell to $ 67.81 a barrel, gold rose to $ 1,240.80 an ounce, the yield on the 10-year Treasury bond fell to 3.155% and the dollar gained ground against the euro, that changed to 1.1466.

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