Breaking News

New York Stock market ends yesterday’s trading sharply lower!

News Date: 30/9/2022 03:07:57

Wall Street closed yesterday evening sharply lower, because of  some economic concerns related to inflation, which could reflect negatively on the US economy, not also this, but also the investor's concern about a rapid decline in the currency markets and global bond yields.


Losses were recorded in the sectors of consumer goods and public institutions, while stock technology heavyweights declined such as : Tesla and Apple


At the end of trading ;

The Dow Jones Industrial Average recorded a decline of 1.54%, while the S&P 500 fell by 2.11%, and the Nasdaq Index weakened by 2,84%.


As for the Tokyo Stock Exchange, it also witnessed a decline in stock indices ; So, the Nikkei index fell by 0.69% to reach 26,240.00 points, while the broader Topix index fell by 0.59% to reach 1857.77 points.


Crude oil futures declined; It fell 0.01% to trade in November at $81.22 a barrel at the time of writing.

Oil is expected to find support points at $76.25, and resistance points at $82.94.


On the other hand, futures contracts for gold rose by 0.25%, according to the Comex classification of the New York Stock Exchange, the futures contracts for gold were traded in December at a price of $ 1672.8 per ounce at the time of writing.

Gold is probably will find support points at $1622.2, and resistance points at $1673.5.

Latest news

Wall Street closed lower on Tuesday, in light of investors’ concern about the Federal Reserve raising interest rates and amid increasing talk of an expected recession. Stocks pulled their indic
12-2022 07 02:24:50

The US stock markets ended Monday’s trading on a decline, pulling the stock indices downwards, and recording losses in each of the following sectors : the oil and natural gas sectors, the finan
12-2022 06 02:51:29

The dollar fell broadly on Monday after a difficult week, after more Chinese cities, including financial hub Shanghai and Urumqi in the far west, announced easing restrictions related to Covid-19, wh
12-2022 05 03:14:06

After the speeches delivered by Federal Reserve Chairman Jerome Powell, announcing that the interest rate will rise by 50 points instead of 70 points, gold prices rose by more than 2% to reach levels
12-2022 02 03:06:59

US Federal Reserve Chairman Jerome Powell announced the decision to slow the rate of interest rate hikes, starting in December, and stated that inflation is still very high, and that interest rates w
12-2022 01 02:57:28

More News