Worst IT fall on Wall Street since 2011 – HegnarOnline

Worst IT fall on Wall Street since 2011 – HegnarOnline

US stock exchanges fell sharply Tuesday evening. Dow Jones ended down 1.7 percent to 17,387.21, while the broader S & amp; P 500 index tumbled 1.3 percent to 2029.55

Technology Heavy Nasdaq fell 1.9 percent to 4681.50.

Technology shares in the S & amp; P 500 Index plunged 3.3 percent, the worst decline since November 2011, Bloomberg reports.

Microsoft slid 9.3 percent after the presentation. Sales of software licenses to companies entered weaker than expected.

Caterpillar tumbled 7.2 percent on weak 2015 guidance, while Procter & amp; Gamble Co. fell 3.5 percent after a stronger dollar hit on earnings.

Despite a snowstorm closed large parts of New York, the turnover in the S & amp; P 500 stocks, only 15 percent lower than normal.

Disappointing macroeconomic figures
The day also offers a variety of macroeconomic figures, and those who have come so far far from encouraging.

The very important orders for durables disappointed kapitalt, while Case-Shiller index pointed against weaker house prices in America’s largest cities.

Lower gasoline prices hit contrast sharply positively on consumer confidence, while new housing sales are rising faster than expected.