After yesterday’s rally was melancholy back on the American stock exchanges Thursday.
Dow Jones fell 1.97 per cent (335 points) to 16,659.25, the Nasdaq 2 0 percent to 4,378.34, while the broader S & amp; P 500 Index pulled down 2.1 percent to 1,928.21.
Today was thus worst year for Dow Jones, and the fourth in 2014 with a fall of 300 points.
Having risen to 19.38, its highest level since February 6, ended “fear index” VIX (CBOE ) up 25 percent to 18.90.
Almost eight stocks fell for each that rose on the NYSE, where 895,000,000 shares were traded at nearly $ 4.3 billion.
The dollar has reversed and strengthened against the currencies in America’s largest trading partners.
The commodity exchange in New York rose gold rate 1.6 percent to $ 1,225.30 per ounce, while WTI oil continued downturn and ended at 85.28 barrel.
Europe against recession?
The fear of the world economy, and especially the eurozone, remain top of the agenda.
The fall in German exports of 5.8 percent in August, in the wake of disappointing industrial orders and production from the same country earlier this week.
– Europe’s growth is weak, and about to go into a resesjonsaktig climate; all waiting for the bazooka fired, says chief strategist Mark Luschini at Janney Montgomery Scott to CNBC.
The European Central Bank chief Mario Draghi said earlier Thursday that there are indications of weaker growth in the euro zone, and that central banks should strive to stimulate inflation.
In contrast, the United States, where the nedadgåenden trend in first time applicants for unemployment insurance (jobless claims) continues. In fact, four-month average is now at its lowest level in eight years.
Otherwise wholesale inventories rose 0.7 percent in August, compared to the expected 0.3 percent.
Icahn Hausser Apple
No Dow components dodged red color, and most of Caterpillar fell 3.3 percent to $ 93.50. All the 10 major S & amp; P 500 indices also red, and energy took the heaviest bang.
Gap was punished with a price drop of strong 12.5 percent to $ 36.67 after announcing disappointing Sales figures for September. At the same time the company announced that top executive’s departure.
PepsiCo was long among the few winners for quarterly and uplifting guiding, but ended down 0.4 percent to $ 93.57.
Apple gained 0, 2 percent to $ 101.02 after Carl Icahn in a new letter to the company advocated to increase repurchases of shares.
The man that has helped Apple market breadth from 55 to $ 101 on Nasdaq, said increasing the share is greatly underestimated and that it really should have been traded around $ 203, according to MarketWatch.
Tesla fell by the way 0.8 percent to $ 257.01 in anticipation of today’s news release about the “D” project, as an entrepreneur and -toppsjef Elon Musk tweeted so mysterious about a week ago.
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