(Finance) – Wall Street confirmed its strong decline at mid-day, after data on the labor market relaunched worries about a recession in the US economy, neutralizing the positive effect of a “discounted” rate cut by the Fed. Dow Jones is down (-1.01%) and stands at 40,344 points; a day to forget for theS&P-500which falls back to 5,407 points, retracing by 1.75%. Down the Nasdaq 100 (-2.72%); as well as, in sharp worsening, theS&P 100 (-2.03%).
Strong nervousness and widespread losses in the S&P 500 across all sectors, without exception. Among the worst performers in the S&P 500 basket, the sectors with the greatest decline telecommunications (-2.79%), informatics (-2.70%) and secondary consumer goods (-2.35%).
The only Blue Chip of the Dow Jones substantially increased is McDonald’s (+1.28%).
The strongest sales are pouring in American Expresswhich continues trading at -3.19%.
Slip Amazonwith a clear disadvantage of 3.13%.
In red Boeingwhich shows a sharp decline of 2.68%.
The negative performance of stands out Intelwhich falls by 2.53%.
Among the Nasdaq 100 protagonists, Fastener Company (+1.24%), PDD Holdings (+1.07%), Walgreens Boots Alliance (+0.69%) and Monster Beverage (+0.68%).
The strongest sales, however, are seen on Broadcomwhich continues trading at -9.36%.
Significant losses for Tesla Motorsdown 6.73%.
In apnea SiriusXMRadiowhich falls by 5.97%.
Thud of Marvell Technologywhich shows a fall of 5.59%.