The New York Stock Exchange closed lower this Tuesday, pressured by two technology giants, Oracle and Apple, after the new iPhone was received without enthusiasm and with the market awaiting a series of North American indicators.
The final results of the session indicate that the selective Dow Jones Industrial Average fell 0.05%, the broader S&P500 lost 0.57% and the technological Nasdaq fell 1.04%.
Among technology companies, the biggest setback was for Oracle, which lost 13% after announcing worse-than-expected results, but Apple did not fare well either (-1.76%) after announcing the characteristics of its new iPhone 15 this Tuesday, nor did he do it. Adobe. (-3.95%).
“It was a monotonous session from the beginning. We started with the Oracle failure and confirmed with Apple, which failed before and after the product launch,” noted Briefing.com’s Patrick O’Hare.
Insider Intelligence’s Yory Wurmser analyzed that “apart from the price of the iPhone 15 Pro, which should increase [em relação à versão 14]but that it remained unchanged, the presentation resembled what the experts expected.
Analyst Michael Krame, cited by Market Watch, believes that “a triple threat” looms over the stock market, consisting of the combination of a strong dollar, rising Treasury bonds and rising oil prices .
According to Krame, these three factors could reduce the profits accumulated by investors so far this year to zero.
In addition, inflation fears persist, fueled by wage demands in the automobile and fast food sectors, which could lead to further increases in interest rates, if not immediately, then at least in the medium term.
Losses predominated across all sectors, but the notable exception was energy, which rose 2.31% due to recent increases in Texas and Brent crude oil. Among those that lost the most were technology (-1.75%) and communications (-1.01%).
Among the 30 Dow Jones companies, the biggest gains were for Goldman Sachs (1.93%), Chevron (1.86%) and Walt Disney (1.41%), while Microsoft (-1.83%) led the losses, Apple and Salesforce (- 1.62%).
Source: TSF
