The three main stock indices of the US market suffered sharp falls this Friday, after comments from Jerom Powell that encouraged bets on a further increase in interest rates at the May meeting of the Federal Reserve.
wall street extended the drop seen since yesterday, when the president of the central bank spoke at a panel of the International Monetary Fund (IMF), which also marked a run of three red weeks for the S&P 500 and in nasdaqand four for the dow jones.
The president of the Federal Reserve, Fed, announced yesterday that due to high and persistent inflation, the central bank will put on the table an increase of 50 basis points in interest rates in the United States, in its two-day meeting May 3 and 4.
The indices, which yesterday reversed what seemed like a positive day, suffered losses of 2.82% for the dow jonesof industrial giants; 2.77% for the S&P 500of 500 securities, and 2.55% for the index nasdaqwhich has a significant weight of technology companies.
In the negotiations, the strong fall (1.24%) of Netflixthe third in a row after having lost more than a third of its value in operations on Wednesday, hit by the weak numbers of subscribers that it presented in its report on Tuesday after the closing.
The actions of Apple Inc. Y Microsoft Corporationthe two largest companies in the market, registered losses of 2.78% and 2.41%, respectively, hit by the expectations of higher interest rates that affect, above all, the valuations of longer terms.
In its fourth negative week, the Dow Jones 30 giant index fell 1.85%, while the New York Stock Exchange’s extended benchmark, the S&P 500, moved 2.77%. The Nasdaq index posted a cumulative loss of 2.55 percent.
- Dow Jones: 33,811.40 (-1.85% weekly)
- S&P 500: 4,271.78 (-2.77% weekly)
- Nasdaq: 12,839.29 (-2.55% weekly)