Thursday , March 30 2023

Wall Street gets the first bank performance down



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The fear of global economic development is returning to the wall on Wall Street, and Dow Jones loses 87 points up to 23 908 points while S & P 500 gives 0.5% to 2.582 integers. But technological Nasdaq falls by 0.9% to 6,905 points.

The market repeats candles after a week's increase, with New York's parquet key figure rising 2.5% Nasdaq Accumulated Profit – 3.5%.

The appetite for risk collapses like China publishes new economic data reflecting the fear of a global economic downturn. The last one has been foreign trade The Asian giant, up 9.7% year-on-year, was 4.5 percentage points lower than last year. In particular, Chinese exports have suffered the biggest decline in two years.

Wall Street is also preparing a … a new round of presentation of results that Monday has started Citigroup. The banking giant closed 58.9 dollars, after having reported nearly 4% after having presented their accounts, giving $ 17,100 million in revenue.

Taking into account the latest forecasts made by high market values ​​such as. T. Apple o American Airlines, this week they will also report to huge investors JP Morgan, Wells Fargo, Blackock, Goldman Sachs and Netflix, which gives 1.4%.

The business section is underlined PG & E, which disappears more than 52% after declaring that it is preparing its bankruptcy because it is not possible to t fires in California, for those who require about $ 30,000 million in business.

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