Thursday , October 21 2021

Dow fell to approximately 600 points thanks to Apple :: Investor.bg



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Apple has earned about 600 points thanks to Apple

Picture: Reuters

Blue chip index Dow Jones Industrial Average dropped by 599 points after a sharp decline in shares on Monday Apple, CNBC reports that the US dollar continues to grow and global trade has hampered investors' mood.

Technological index Nasdaq Composite out of its value of 2.8, and returned to the correctional site for the first time in October.

Broader Index S & P 500 after the fall of the financial sector fell by 1.4%, basically Goldman Sachs

At the end of February Bloomberg News reported that the White House reduced the base after the end of the trading after the bill was distributed. General Motors shares have fallen by 0.5 percent in the news.

Book Apple then decreased by 5% Lumentum Holdings, it produces Face Detection technology iPhone, Has reduced the prospects for financial and economic development in the second quarter of 2019 Swing According to Alan Low, one of the major consumers of the company has called for the reduction of its products. Lumina shares have dropped by 32%.

Poor performance Apple extends the technological sector. Shares Alphabet and Amazon 2.7% and 4.3%, respectively. Book Amazon as well as near the swing region because their prices dropped by approximately 20% over the 52-week peak.

Sub-sector S & P 500 were sold in the correctional zone after a 52-year high of 10%. In total, about 70% of the shares are subject to correction.

Price General Electric According to Larry Locke, Chief Executive Officer, fell 7.2% and was below $ 8 CNBC, he thinks it plans to sell assets and cut off some of the company's obligations "urgently".

Strong dollar but also worry about what investors will bring to these multinationals. The index of dollar since June, 23rd, 2017 has reached the maximum index – 97,58 points. The American currency was higher against the euro and the Swiss franc in a year.

Price pounds By 0.91% and amounted to $ 1,2856 euro sold for only one pound – 0.8736 pence.

Oil prices on commodity markets have returned to the red market after they have been sold to local markets.

Futures US crude oil WTI fell to $ 59.93 per barrel, fell further down to the swing. The deal has not dropped for 11 days since it began trading in New York ten days ago.

Futures Brent oil which cut 22 cents from its price to 70.40 dollars. On Friday, its cost was $ 70.18 per barrel, and its lowest closing price was seven months.

Gold as well as the downward trend and down to its lowest level. Futures for precious metals fell from $ 5.10 to $ 1203.50 per troy ounce.

The Bond Market did not work for the Day of Veterans in the United States today.

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