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Wall Street adds another day of falls and the S

The US selective plummets almost 19% from its January highs.

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Wall Street adds another day of falls and the S

The US selective plummets almost 19% from its January highs.

Far from recovering part of the lost ground after the crash suffered yesterday, Wall Street has returned to close today in the red. The impact of inflation on company margins and on the economy continues to worry investors, who once again opted for sales.

Today's losses bring the S

The Nasdaq has deflated 0.26%, to 11,388 points. Among the big technology companies, only Amazon has escaped the falls and has scored 0.19%, after yesterday it plummeted more than 7%. Today, Apple (-2.46%) has been the most affected value in this select group, followed by Alphabet (-1.35%), Meta (-0.49%) and Microsoft (-0.37%).

The Dow Jones, for its part, has been the index most punished by investors, closing at 31,253 after losing 0.75%. UnitedHealth (1.52%), Boeing (1.29%) and Home Depot (0.90%) have led the rises in the index, while Cisco (-13.73%), Travelers (-2.88% ) and Walmart (-2.74%) were the worst stocks of the day.

In the case of Cisco, the price of the technology group has received a severe blow from the market as a result of its results, which have not met analyst forecasts.

"The main takeaway for investors is to prepare for prolonged volatility," said Greg Bassuk, CEO of AXS Investments. "We think volatility is going to be the investor narrative for the second quarter balance sheet and frankly for the 2022 balance sheet."

In the oil market, a barrel of West Texas, a benchmark in the US, stands at 111 dollars, the same price as a barrel of Brent, a benchmark in Europe. The ounce of gold rises to 1,840 dollars, while the yield on the US 10-year bond falls to 2.848%.


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