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Home Economy

Wall Street closes in the red, dragged down by the war in Ukraine

March 3, 2022
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Wall Street closed this Thursday in the red and its main indicator, the Dow Jones Industrials, fell 0.29%, dragged down again by the war in Ukraine and despite the Federal Reserve’s rate hike policy and employment data better than expected.

According to data at the end of the session on the New York Stock Exchange, the Dow Jones subtracted 96.69 points and stood at 33 thousand 794.66while the selective S&P 500 dropped 0.53% or 23.05 units, up to 4,363.49 integers.

For its part, the Nasdaq composite index, which brings together the largest technology companies in the market, fell 1.56% or 214.07 points, to 13,537.94 units.

The New York parquet started the day expanding the gains of the day before, but the three indices twisted throughout the day to close the day in negative infected by fears of the possible consequences of the Russian invasion of Ukraine on the economy.

By sectors, the most affected were non-essential goods (-2.29%) and technology (-1.24%), while among the most favored were public services (1.72%), real estate (1.1%) and of essential goods (0.72 percent).

Of the thirty listed Dow Jones, Walmart (2.3%), Amgen (1.77%), International Business Machines (1.67%) and Johnson & Johnson (1.47%) stood out; while losses were led by Boeing (-4.53%), Salesforce (-2.68%) and Intel (-1.92 percent).

JM

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Tags: closesDow JonesdraggedIndicatorsredStock ExchangesStreetUkraineWallWall Streetwar

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