Wall Street fails to hold on and closes lower again

by times news cr

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Despite an upward opening, the stock market New York fell again yesterday, in a context of nervousness among investors after Monday’s debacle in the international stock markets.

The Dow Jones index fell 0.60% a 38 thousand 763.45 pointsthe technological Nasdaq 1.05% to 16,195.81 units, and the S&P 500 0.77% to 5 thousand 199.50.

The index VIX, known as the “fear index” for marking market volatility, rose again.

Wall Street started on a positive note, after reassuring statements from the Bank of Japan (BoJ).

On Monday, expectations of further rate hikes by the BoJ boosted the yen and curbed speculative trading. “carry trade”, which consists of taking debt in Japanese currency at a low rate to invest in other currencies coins.

The Mexican peso closed at 19.36 pesos per dollar, and has not been able to recover the level below 19 units as it had advanced in the first months of the year.

At the time of going to press, the opening of Asian markets and the Nikkei 225 lost up to 2%, projecting a fall for Thursday.

2024-08-13 08:41:38

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