Dow’s weakest $ 807 sold to high-tech stocks, fears of slow economic recovery: Reuters



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[Nueva York, 3º, Reuters]-The US stock market has plummeted and fallen sharply since June. The rates Dow Industries Co., Ltd. 30. The fall of the DJI exceeded 800 dollars, and the NASDAQ General. IXIC also fell about 5%. Amid growing concern over the delay in economic recovery following a series of economic indicators, high-tech stocks were sold.

The US stock market fell sharply, making it a big drop since June. The price of 30 Dow Industries shares fell more than $ 800, and the Nasdaq Composite also fell about 5%. Photographed in March on Wall Street (2020 Reuters / Carlo Allegri)

The day before, 500 S&P rates in total. SPX and NASDAQ updated the record based on the closing price. Nasdaq led the decline that day.

Apple(AAPL.O), Microsoft (MSFT.O), Amazon.com (AMZN.O), Tesla (TSLA.O), Nvidia (NVDA.O) Became the Nasdaq peso.

S&P Information Technology. SPLRCT and Philadelphia Semiconductor Index (SOX Index) .SOX fell about 6%.

The US stock market rose from March lows in a context of supportive and financial measures. However, some market participants have said they are too optimistic.

“There are a number of risks that the market has neglected in recent months,” said Emily Roland, head of joint investment strategy at John Hancock Investment Management. “It may be less than 60 days before the presidential election, and it may have invited pesky investors.”

He added: “As far as current economic indicators go, stock prices have room to go up, but they are not paying attention to the macro environment. The macro environment has certainly improved and is supporting material, but the US economy is still It’s fragile”. Set.

The number of new claims for unemployment insurance (seasonally adjusted) for the week through Aug. 29, announced by the U.S. Department of Labor, was 881,000, a decrease of 130,000 from 1,011,000 the previous week, according to Reuters. It improved more than economists expected (950,000 cases). However, the price remains high and the August US employment statistics released tomorrow will be the center of attention.

On the other hand, the Non-Manufacturing Index (NMI) in August, released by the US Supply Management Association (ISM) on August 3, was 56.9, down from 58.1 in July. He suggested that the effects of the economic resumption and fiscal stimulus measures may have diminished.

The drop rate on Day 1 was the highest since S&P and NASDAQ since June 11 and since the Dow since June 26.

The volatility index (VIX index) of the Chicago Options Exchange (CBOE), which shows investor unease, surpassed the 200-day moving average and reached the highest level in a few weeks. The closing price was 7 points higher at 33.60.

However, some market players are unwilling to take a jump in share prices.

“Investors are addicted to tech stocks like no other,” said Mike Zigmont, director of business research at Harvest Volatility Management.

Sebastian LeBlanc, senior portfolio manager at Boston Private, said the tech stock cuts were “merely periodic” and “not seen as an ominous omen.”

Top U.S. Electric Vehicles (EVs) Tesla (TSLA.O) Keep falling. It fell 9% and pushed the NASDAQ lower.

On the other hand, PVH Corps (“Calvin Klein” and other brands)PVH.N) Is 3.3% higher. Amid the expansion of work from home due to the new coronavirus crisis, online demand for comfortable clothing increased and quarterly earnings rose significantly.

On the New York Stock Exchange, the number of stocks with price declines exceeded the number of stocks with price increases by a ratio of 4.14 to 1. Nasdaq also had a lot of trouble with price cuts of 4 , 20 to 1.

The total trading volume of the US Stock Exchange is approximately 11.98 billion shares. The average of the last 20 business days is 9.22 billion shares.

Closed price Change compared to the previous day% Open price High price Low code

Dow Industrial Co., Ltd. 30 species 28292.7 -807.77 -2.78 29090. 29199. 28074. .DJI

3 70 35 76

Close the previous business day 29100.5

0

NASDAQ General 11458.1 -598.34 -4.96 11861. 11894. 11361. .IXIC

0 90 40 36

Close the previous business day 12056.4

4

S&P 500 Rates 3455.06 -125.78 -3.51 3564.7 3564.8 3427.4 .SPX

4 5 1

Closing price last business day 3,580.84

20 Dow Transport Shares 11 168.5 -282.94 -2.47 .DJT

7

15 types of Dow public shares 808.12 -10.56 -1.29 .DJU

Philadelphia Semiconductor 2234.23 -135.95 -5.74 .SOX

VIX Index 33.15 +6.58 +24.76

S&P General Consumer Goods 1237.57 -45.71 -3.56 .SPLRCD

S&P Material 404.32 -11.54 -2.78 .SPLRCM

S&P Industry 654.42 -18.87 -2.80 .SPLRCI

S&P Top Consumer Goods 672.07 -12.92 -1.89 .SPLRCS

S&P Finance 415.99 -6.69 -1.58 .SPSY

S&P Real Estate 225.49 -3.76 -1.64 .SPLRCR

S&P Energy 261.18 -1.77 -0.67 .SPNY

S&P Healthcare 1238.68 -34.93 -2.74 .SPXHC

S&P communication service 208.61 -7.22 -3.34 .SPLRCL

Information technology S&P 2102.78 -130.14 -5.83 .SPLRCT

S&P Public Welfare 301.47 -3.84 -1.26 .SPLRCU

NYSE launched 1,059 million plants. AD.N

Chicago Nikkei Futures September 2018 23 100-370 Osaka denominated in dollars <0#NK:>

Chicago Nikkei Futures September Contract 23,095-375 Yen-denominated Osaka Ratio <0#NIY:>

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