New York indices succumb to losses after new tensions on the border between Ukraine and Russia and the rise of the unemployed in the US.

New York indices succumb to losses after new tensions on the border between Ukraine and Russia and the rise of the unemployed in the US.

New York indices succumb to losses after new tensions on the border between Ukraine and Russia and the rise of the unemployed in the US.

Wall Street repeats down. And with more force than on the eve. The rise in tensions between the US and Russia on account of the conflict in Ukraine, where the latest information once again points to an armed conflict, is once again taking its toll. In addition, the New York indices suffer the weakness of some macroeconomic data that see the light this Thursday.

From Washington Russia has been accused of lying about its alleged troop withdrawal, so that some NATO reports speak of the mobilization of up to 7,000 soldiers on the border with Ukraine. In addition, Moscow has expelled the ‘number two’ of the US embassy, ​​​​who was in charge of the diplomatic mission on the eastern border of Europe.

With all this scenario, sales are imposed on Wall Street. The dow jones it loses 1.3% until it breaks 34,500 points. 1.4% leave the S&P 500, at 4,400 points. More bulky is the recoil of the nasdaqwhose graph is left 1.7% and drops from 13,900 points.

This is how Wall Street opens
Eduardo Bolinches

The weekly data on requests for unemployment assistance does not help to change the course of the indices either. Rather the opposite, since as many as 248,000 Americans applied for these subsidies in the last seven days, slightly above the consensus forecasts and the figure for the previous week.

For its part, the manufacturing index of the Philadelphia Fed add fuel to the fire. The 16 points in which the indicator remained in January disappointed some investors who had only prepared for a drop to 20 points.

Heads and tails of the annual results

In the corporate chapter, turn for the annual results of Walmart. The retail distribution giant rises 1.8% against the current on the stock market after having published a net profit of 13,673 million dollars. A figure that represents 1.2% more than a year ago thanks to a turnover of 572,754 million dollars, 2.4% more than a year ago.

Very different is the reception of the market for the accounts of quickly. Cloud services company stock lose about 30% of their value as a result of a weaker-than-expected annual balance sheet and a strong profit warning regarding its business forecasts for this year.

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