The Wall Street stock market came to a clear decline as the after -impact of Wednesday’s relief rally was poded on the market.
Wednesday’s stock indices rose strongly after the president Donald Trump He said he would postpone the so -called reciprocal customs of their trading partners in other countries except China. On the other hand, China’s duties are now 145 %.
After a strong rise in Wednesday, the market was confronted that the US economy was slowing down despite the customs break. Especially the expansion of the trade war with China is worrying.
The industrial index Dow Jones decreased by 2.5 per cent, the large S&P 500 -led art index following large companies and NASDAQ for technology -focused 4.3 per cent.
The next phase of Trump last week in global activities, for example, tried to alleviate the situation by saying that the break with customs could possibly continue.
The next step, according to the Trump administration, is trade negotiations with different countries. US National Council of Economic Council Kevin Hassettin More than 15 countries have made an offer to the United States for trade agreements.
Trump said that with China, the goal is also to have a contract.
The steepest decline was taken care of by large technology companies, all of which fell sharply.
The decline in stock indices was again taken care of by large technology companies. was an electric car company Tesla (-7.3 %), social media company On Meta Platforms (-6.7 %), an artificial intelligence company In Nvidia (-5.9 %), Internet Amazon (-5.2 %) and technology company Applella (-4.2 %). Software company Microsoft The decline remained at 2.4 percent and Google’s parent company Alphabetin invoice to 3.7 %.
The airlines were also on the steep decline United Airlines and Delta Air Lineseach of which fell by about 11 percent.
Of the sectors of the S&P 500 stock index, only consumer goods were just a plus. The energy sector, which suffers from the decline in oil prices, was the most calculated.
The price of Brent quality oil has fallen to $ 63.53 from a barrel, while last Wednesday, when Trump told about reciprocal coming, its price was nearly $ 75 per barrel.