August 14, 2022

WALL STREET FINISHES THE PREMIER SEMESTER IN BAISSE

WALL STREET FINISHES THE PREMIER SEMESTER IN BAISSE

by Stephen Culp

NEW YORK (Reuters) – The New York Stock Exchange ended in baisse jeudi, the indexes accusant leurs plus fortes baisses in des decennies, alors that the debut of l’année a été complicated, among others, due to the coronavirus epidemic, the war in Ukraine et l’galopante inflation.

The Dow Jones index yielded -0.82%, or 253.88 points, to 30,775.43 points.

The S&P-500, plus large, lost 33.45 points, down -0.88%, to 3,785.38 points.

The Nasdaq Composite fell from 149.16 points (-1.33%) to 11,028.74 points.

The S&P 500 recorded its strongest percentage gain for the first semester after 1970. The Nasdaq posted its strongest percentage percentage for the January-June period, and the Dow recorded its strongest percentage percentage after 1962. .

The debut of the year was strongly disturbed by the reprise of the coronavirus epidemic, the war in Ukraine, the galloping inflation and the reports of aggressive attacks by the Federal Reserve of America, which fed the craintes of a possible recession.

“After the debut of l’année, nous assistons à une lutte entre l’inflation et le sluggishness de la croissance, les tentatives d’équilibrer le resserrement des politiques financiers afin de répondre aux préoccupations tout en évitant une panique générale”, I explained. Paul Kim, general manager and funder of Simplify ETFs. “I thought that we are probably left in a recession and the question that the maintenant poses is knowing what point it will last.”

“We are beginning to observe a slowdown in household expenses”, declared Oliver Pursche, vice-president of Wealthspire Advisors, in New York. “It seems that inflation weighs on the consommateur moyen et cela is translated into the results of companies that enter the markets dans leur sillage.”

From the eleven sectoral indices of the S&P, seul le sector de l’énergie a progressé cette année, porté por los prix du brut que augmentent en raison du conflit entre la Russie et l’Ukraine.

The season of results doit over the coming weeks and 130 of the companies that make up the S&P report on the preliminary results.

The concerns concerning the inflation source that the investisseurs s’intéresseront particularly aux perspectives des entreprises.

* Le rappel of the seance in Europe: [.EUFR]

(With the contribution of Shreyashi Sanyal and Amruta Khandekar; French version Camille Raynaud)

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