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Indicators: Wall Street opens in the red and the Dow Jones falls 0.60%

Ruetir by Ruetir
March 16, 2023
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Indicators: Wall Street opens in the red and the Dow Jones falls 0.60%
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Wall Street began the day of this Thursday in red and the Dow Jones Industrials, its main indicator, subtracted 0.60% when the banking crisis resonates both in the US and in Europe.

Ten minutes after the start of trading on the New York Stock Exchange, the Dow Jones lost 191.61 points, up to 31 thousand 682.96 unitswhile the selective S&P 500 fell 0.36% or 14.07 integers, up to 3,877.86 points.

The composite index of the Nasdaq market, where the main technology companies are listed, 0.21% or 24.41 units were left, up to 11 thousand 409.64 integers.

Stocks have been under pressure in recent days after the collapse of Silicon Valley Bank (SVB) raised concerns about the banking sector in general, and then these fears spread to Europe, with Credit Suisse bank on the line.

The only sector in the green was communications, with a rise of 0.25%, while the losses of energy and real estate stood out, with a drop of 1.14% and 0.68% respectively.

Among the 30 Dow Jones stocks, the most affected companies were Merck or MSD (-1.6%) and Visa (-1.51%). While the top earners were Intel (2.87%) and Salesforce (0.63 percent).

JM

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