In red the American stock market, FedEx collapses

In red the American stock market FedEx collapses

(Finance) – Negative session for Wall Streetwith the Dow Jones which is leaving 0.99% on the parterre; along the same lines, widespread sales onS & P-500, which continues the day at 3,851 points. Downhill the Nasdaq 100 (-1.27%); on the same line, negative theS&P 100 (-1.16%). Among the factors that are dragging the US stock market down is the announcement of drastic cost-cutting measures by FedEx and the withdrawal of earnings forecasts for fiscal year 2023, due to a worsening macroeconomic environment.

Concerns remain at the bottom over the effects of the monetary policy of the Fed on the economy and financial markets, with analysts now discounting a increase from 75 basis points (it would be the third in a row) by the Federal Reserve which will meet next week.

The American consumer confidence in September 2022, according to preliminary data from the University of Michigan, although it was worse than analysts expected.

I go down titles of Huntsmanwhich cut its guidance due to rising energy costs in Europe and weaker demand, e Uberwhich has taken many of its internal communications and engineering systems offline while investigating a cyberattack.

All the sectors. Among the worst on the S&P 500 list, the sectors are down the most power (-3.21%), industrial goods (-2.50%) e materials (-2.27%).

At the top of the ranking of American giants components of the Dow Jones, Johnson & Johnson (+ 0.85%), Merck (+ 0.64%), Procter & Gamble (+ 0.62%) e Verizon Communication (+ 0.56%).

The strongest sales, on the other hand, show up on Boeingwhich continues trading at -3.87%.

Black session for Chevronwhich leaves a loss of 2.93% on the table.

At a loss Salesforcewhich falls by 2.55%.

Heavy DOWwhich marks a drop of as much as -2.44 percentage points.

Between protagonists of the Nasdaq 100, Netflix (+ 2.17%), Dollar Tree (+ 0.87%), Comcast (+ 0.79%) e Vertex Pharmaceuticals (+ 0.54%).

The strongest falls, on the other hand, occur on Docusignwhich continues the session with -5.71%.

Negative sitting for Datadogwhich falls by 5.60%.

Sensible losses for Oktadown 5.50%.

Breathless Pinduoduo Inc Spon Each Repwhich falls by 5.43%.

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