The New York Stock Exchange falls, JP Morgan collapses after the accounts

The New York Stock Exchange falls JP Morgan collapses after

(Finance) – Negative session for Wall Streetwith the Dow Jones which is leaving 0.95% on the floor: theAmerican index thus continuing a negative series, which began last Monday, of five consecutive declines; along the same lines, theS&P-500 loses 1.14%, continuing the session at 5,140 points. In red the Nasdaq 100 (-1.41%); on the same trend, decreasingS&P 100 (-1.14%).

At the bottom of the S&P 500 ranking, significant declines are seen in the compartments secondary consumer goods (-1.41%), informatics (-1.38%) e healthcare (-1.32%).

The New York Stock Exchange saw today the start of the quarterly season with some giants of the banking world. JPMorgan reported growth in first-quarter profit thanks to interest income, Wells Fargo reported a declining first-quarter profit with lower interest income, while Citigroup reported a profit that fell to $3.4 billion in the first quarter.

Among the other quarterlies released before the bell, BlackRock reported record assets under management (AUM) and increased profits, while State Street reported that assets under management increased 20% year over year.

On the macroeconomic front, the results were increasing import-export prices Americans in March 2024, while the consumer confidence Americans in April.

Among the best Blue Chips of the Dow Jones, Travelers Company (+0.63%), Nike (+0.62%) e Wal-Mart (+0.53%).

The steepest declines, however, occur at JP Morgan, which continues the session with -5.29%. Letter about Intel, which recorded a significant drop of 3.88%. Under pressure Walt Disney, which suffered a decline of 2.26%. It slides Goldman Sachswith a clear disadvantage of 1.93%.

To the top between Wall Street tech giantsthey position themselves Fastenal Company (+0.97%) e Diamondback Energy (+0.84%).

The worst performances, however, are recorded on ON Semiconductor, which gets -4.99%. Goes down Advanced Micro Devices, with a decline of 3.98%. Collapses Intel, with a decline of 3.88%. In red Globalfoundrieswhich highlights a sharp decline of 3.67%.

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