Dow Jones Falls 0.47% in a Volatile Session

Wall Street closed in the red this Thursday. Its main indicator, the Dow, lost 0.47% in a new day marked by volatility. And the loss of value of shares of the leading technologies.

At the end of the NYSE operations, the Dow Jones fell 0.47% or 130.40 points, to 27,901.98 units. It was weighed down by large listed companies. They include Goldman Sachs (NYSE: GS ) (-2.91%), Salesforce (NYSE: CRM) (-2.42%), Nike (NYSE: NKE) (-1.88%), Apple (NASDAQ: AAPL) (-1.59%) and Walt Disney (NYSE: DIS) (-1.41%).

Losses that could not be offset by the good results of other large companies such as Walgreens (NASDAQ: WBA), Dow Inc (2.55%) or Caterpillar (NYSE: CAT) (1.83%).

How did the S&P do?

The S&P 500 also ended with losses. It dropped 0.84% ​​or 28.48 points, 3,357.01 integers. The Nasdaq index also fell by a remarkable 1.27% 140.19 points, to 10,910.28 integers.

Facebook (NASDAQ: FB) was the major technology worst stop of the day, with a fall of 3.3% followed by Netflix (NASDAQ: NFLX) (-2.8%), Amazon (NASDAQ: AMZN) (-2, 3%), and Alphabet (NASDAQ: GOOGL) (-1.7%).

Snowflake, a software company specializing in “big data” solutions, started its listing on the stock market on Wednesday. It became the star of the day. Especially as its entry price of $120 per share soared to the 256.09. on Thursday. Today, it decreased by by10.4% to $194.36.

By sectors, real estate (-2.19%) and telecommunications (-1.56%) were the most affected, along with non-essential goods (-1.59%), financial (-1%) and technological (-0.84%).

Only the raw materials (0.76%), industrial (0.23%), and energy (0.2%) sectors managed to close the day on a green ground.

The Fed’s announcement on Wednesday that it would keep interest rates close to 0% until 2023 did not end up encouraging investors. 

WTI oil rose to $40.97 a barrel; gold fell to $1,954.40 an ounce. The yield on the 10-year Treasury bond stood at 0.689%. Besides, the dollar lost ground against the euro, with a change of 1.1848.