US equities went down, with Dow diving the eighth consecutive day. It’s because the industrial sector was again suppressed by worries of a trade conflict. Amazon as well as other US online retailers found themselves in the negative territory because the US Supreme Court officially recognized for state authorities the right to have online sales taxed.
Equities of large industrial enterprises as well as car makers were suppressed after German Daimler had the forecast for this year downgraded, while BMW told it was searching for strategic options due to the trade clashes between China and America.
The stocks of Caterpillar went down by about 2.52%, Boeing lost 1.5%. As for the Industrial index S&P, it went down by 1,19%.
The cost of Ford securities went down by 1.35%, General Motors headed south by 1.98%, while Tesla declined by 4.06%. As for the share index of auto as well as spare parts makers, they edged down by 1.79%.
Amazon stocks tumbled by 1.9% after the court ruling. After this they managed to regain a part of their losses, ending the trading session with a 1.1% dive. The stocks of Wayfair went down by 1.6%, Overstock.com lost 7.2%, Etsy sagged by 1.4%, while Ebay inched down by 3.2%.
Additionally, the Dow Jones concluded the trading session down by 0.8% hitting 24.461.7. The S&P 500 index edged down by 0.63% being worth 2.749.76. As for the Nasdaq Composite index, it dived by 0.88% coming up with 7.712.95.
The largest sector sag was demonstrated by the energy sector that went down by 1.93% in the face of decreasing crude prices in the run-up to the gathering of OPEC ministers, at which crude exporters are anticipated to make a decision to ramp up production.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
Richard Branson offloaded nearly 10 million shares, which equals about 4% of the Virgin Galactic stock, leaving him with an 18% stake.
Today at 00:00 GMT+3 SPCE will present the second quarter 2021 financial results. We will get to know everything about the company's financial condition and plans.
US stock markets started falling, while the US dollar is rising. What to expect from
Oil prices are rising and Russia banned the export of its petrol. What's happening in the markets?
Today's main event for the markets is the FOMC Interest Rate Decision, where the US regulator is widely expected to keep the interest rate at the same level of 5.5%.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
|
