The three main stock indices of the US market fell sharply this morning, pressured by the great values of growth. The downward moves for these mega-caps come a day after the 50 basis point hike in US rates.
The benchmark market index, the S&P 500 of 500 components, it yields -1.71% to 4,226.44 points. main index dow jones, of 30 industrial giants, falls -1.38% to a level of 33,590.01 units. The nasdaqwhich have a high technological weight, leads the losses, losing -2.57% to 12,632.14 units.
The Federal Reserve The US (Fed) decided yesterday to increase the benchmark rate by 50 basis points to bring it to a range between 0.75% and 1 percent. Growth firm valuations are made on future earnings with longer periods and are affected when rates rise.
Within the Dow Jones index, a drop in the shares of Salesforce.com stands out, with -5.25%, in addition to Nike, with -4.28 percent. Among the giants of the technology sector, shares of Microsoft Corporationfall 3.83%, while those of Apple Inc.the largest company by capitalization, -3.39 percent.
As another negative factor for market sentiment, the United States Securities and Exchange Commission (SEC) added more Chinese firms to its “black” list and could be delisted from the US market if they do not provide information that required by this regulatory authority.