Out of fear of a global economic slowdown, investors are retreating on the first trading day of the new year from US equities. On Wall Street, the New gave York’s benchmark indices at the opening on Wednesday. The Dow Jones lost 1.2 percent to 23.041 points, the S&P 500 1.3 percent to 2474 counter and the Nasdaq Index 1.6 percent to 6527.
“investors are Worried about the growth in 2019,” said Naeem Aslam, chief market analyst of the broker house think markets. Therefore, you parked your money now in “safe havens”. The “anti-crisis currency” Gold rose in price by up to 0.5 percent to a Seven-month High of 1288,66 dollars per Troy ounce (31.1 grams). The increased demand for US treasuries pushed the yield on ten-year title to an Eleven-month Low of 2,647 percent.
the economic pessimism has been Fed by disappointing data from China. The mood barometer of the local purchasing managers fell in December for the first time since one and a half years, under the threshold of 50 points, which signals a growth of the industry. To provide investors, also the simmering customs dispute between the United States and China, as well as the tug-of-war with the new US budget.
From the Depots, among other things, the share of high-growth companies flew. Amazon 2.1 percent to gifts. Apple fell two percent, Facebook 0.5 percent, Netflix and the Google native Alphabet of 1.1 percent. (nlu/Reuters)
Created: 02.01.2019, 16:20 PM
