Wall Street thwarted by continued geopolitical uncertainty

Wall Street thwarted by continued geopolitical uncertainty

(Finance) – After a positive start, Wall Street is losing groundwith i talks between Russia and Ukraine that have so far produced “zero progress”, according to Ukrainian Foreign Minister Dmytro Kuleba. “It is difficult for me to understand what kind of progress President Putin is referring to,” Kuleba said in an interview, reiterating Kiev’s readiness to compromise by accepting a neutral status of the country in exchange for security guarantees. On the macroeconomic front, the US consumer confidence (according to the University of Michigan survey) it dropped to 59.7 points in March, the lowest since 2011.

“We are in a news-driven market and news-driven markets occur during times of uncertainty – said Keith Lerner, co-chief investment officer and chief market strategist at Truist Advisory Services – We always have uncertainty, but when you have greater than normal uncertainty, every stock tends to move more in both directions. I think that’s what we’re seeing. “

The Dow Jones advances to 33,259 points, while, on the contrary, theS & P-500, which drops to 4,250 points. Downhill the Nasdaq 100 (-0.87%); on the same trend, slightly down theS&P 100 (-0.24%). Significant upside in the S&P 500 for the fund financial. In the list, the sectors telecommunications (-0.67%), Informatics (-0.56%) e secondary consumer goods (-0.53%) are among the best sellers.

Among the best Blue Chips of the Dow Jones, McDonald’s (+ 2.64%), Caterpillar (+ 2.18%), Travelers Company (+ 1.77%) e DOW (+ 1.39%).

The strongest sales, on the other hand, show up on Applewhich continues trading at -1.66%.

Suffers Nikewhich shows a loss of 1.05%.

He hesitates JP Morganwith a modest fall of 0.98%.

Lazy day for United Healthwhich marks a decrease of 0.64%.

Between best performers of the Nasdaq 100, Regeneron Pharmaceuticals (+ 2.01%), T-Mobile Us (+ 1.90%), Gilead Sciences (+ 1.66%) e Charter Communications (+ 1.27%).

The strongest falls, on the other hand, occur on Docusignwhich continues the session with -23.19%.

Collapses Baiduwith a decrease of 9.37%.

Sales hands on Datadogwhich suffers a decrease of 7.83%.

Bad performance for Pinduoduo Inc Spon Each Repwhich recorded a decline of 7.12%.

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