- The S&P 500 index records a 2.56% drop about 5,147 points.
- The Dow Jones collapses 2.65% in its fifth consecutive day of losses.
- The Nasdaq index falls about 3% to minimum of twelve days.
- Donald Trump insists again Jerome Powell with which to reduce interest rates
American indices have opened the session with strong losses, on a day marked by the festivities of multiple countries on Easter Monday.
The market has reacted down after Donald Trump accused Jerome Powell, president of the Federal Reserve, to avoid sales rates on the social social network. The Republican president has published that “preventive cuts are being requested in interest rates on the part of many” and has warned that there may be a deceleration of the economy if Powell does not lower the types.
Dow Jones falls strongly at the beginning of the week
The Dow Jones descends for the fifth consecutive day on Monday, registering losses of 2.65% at the time of writing at 38,100.
The Dow Jones index moves this Monday between a minimum of 12 days at 38,022 points and a maximum of 38,906 in the American session.
The falls within the index are generalized, highlighting the losses of 5.19% of NVIDIA and 6.74% of Tesla. Amazon and Alphabet fall more than 3%.
The Nasdaq 100 loses about 3% dragged by the descents of American Express, Apple and Caterpillar
The Nasdaq 100 index collapses at this time 3% in 17,700 points. In its fifth day of descents, the index has tried a maximum of the day in 18,043 and then falling to 17,676, its lowest level since April 9.
American Express is one of the most punished actions of the day, giving more than 4.50%. For its part, Salesforce collapses 5.41%, Apple records losses of 3.37%and 3.50%caterpillar.
The S&P 500 continues its downward trend
The S&P 500 index collapses 2.56% in 5,147 points at the time of writing, reaching its lowest level since April 10.
Almost all its actions record losses, highlighting the 7.36% decrease in Blackstone and losses greater than 5% of General HLDGS.
Dow Jones Faqs
The Dow Jones Industrial Avenge, one of the oldest stock market indexes in the world, consists of the 30 most negotiated values ​​in the United States. The index is weighted by the price instead of capitalization. It is calculated by adding the prices of the values ​​that compose it and dividing them by a factor, currently 0.152. The index was founded by Charles Dow, also founder of the Wall Street Journal. In recent years it has been criticized for not being sufficiently representative, since it only follows 30 companies, unlike broader rates such as S&P 500.
There are many factors that promote the Dow Jones Industrial Average (DJIA) index. The main one is the added performance of the companies that compose it, revealed in the quarterly reports of business benefits. The American and world macroeconomic data also contribute, since they influence investor confidence. The level of interest rates, set by the Federal Reserve (FED), also influences the DJia, since it affects the cost of credit, on which many companies depend largely. Therefore, inflation can be a determining factor, as well as other parameters that influence the decisions of the Federal Reserve.
Dow’s theory is a method to identify the main trend of the stock market developed by Charles Dow. A key step is to compare the direction of the Dow Jones Industrial Avenge (DJIA) and the Dow Jones Transportation Average (DJTA) and just follow the trends in which both move in the same direction. The volume is a confirmation criterion. The theory uses elements of maximum and minimum analysis. Dow’s theory raises three phases of the trend: accumulation, when intelligent money begins to buy or sell; Public participation, when the general public joins the trend; and distribution, when intelligent money abandons the trend.
There are several ways to operate with the DJ. One of them is to use ETF that allow investors to negotiate the DJ as a single value, instead of having to buy shares of the 30 companies that compose it. An outstanding example is the SPDR Dow Jones Industrial Avenge ETF (day). Future contracts on the DJ allow the specular operators about the future value of the index and the options provide the right, but not the obligation, to buy or sell the index at a predetermined price in the future. Investment funds allow investors to buy a part of a diversified portfolio of DJ values, which provides exposure to global index.
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
