6 May 2022
3298
1 min.
17
Stock market on Thursday
The US Dow Jones Industrial Average suffered its worst fall since early 2022 by the close of trading on Thursday.
The Dow Jones lost 1,063.09 points (3.12%) in the trading session, falling to 32,997.97 points, as the New York Stock Exchange data showed, amid a 0.5-point increase in the benchmark interest rate by the US Federal Reserve (Fed).
The S&P 500 index fell 153.30 points (3.56%) to 4,146.87 points. The Nasdaq electronic exchange index fell 647.16 points (4.99%) to 12,317.69, its biggest percentage drop since June 2020.
According to experts, the Fed's policy is provoking serious volatility in the market, which will continue until inflation declines.
Shares of such companies rose in yesterday's trading: Albemarle (NYSE: ALB) +9.76%, Cyngn (NASDAQ: CYN) +17.98%, Hudson Technologies (NASDAQ: HDSN) +26.89%, EPAM Systems (NYSE: EPAM) +10.68%, GreenLight Biosciences (NASDAQ: GRNA) +1.58%, Steel Partners (NYSE: SPLP) +0.24%.
Shares of such companies fell: Chevron (NYSE: CVX) -0.79%, Coca-Cola (NYSE: KO) -0.80%, Salesforce (NYSE: CRM) -7.11%, Nike (NYSE: NKE) -5. 89%, Extreme Networks (NASDAQ: EXTR) -3.20%, Stratasys (NASDAQ: SSYS) -5.90%, Addus HomeCare (NASDAQ: ADUS) -5.66%, Radius Global Infrastructure (NASDAQ: RADI) -3.47%.
Also, on the NYSE, the number of securities that declined (2,853) exceeded the number that closed on the plus side (354), while 97 stocks were almost flat. On Nasdaq, 3,174 companies fell, 607 rose and 221 remained flat at the previous close.
The CBOE Volatility Index, which is derived from options trading on the S&P 500, rose 22.74% to 31.20.
Companies17 in the news
Section:
Source foto:
Related news
372
2654
1994
3086
2904
Last news
67
114
207
Rating companies
17 Mention
14 Mention
10 Mention
9 Mention
8 Mention
8 Mention
7 Mention
7 Mention
7 Mention
6 Mention
NEW YORK NEWS
News from GlobalNY.biz is the freshest and most relevant information about high-profile events in the region. The task of the resource's news feed is to convey to readers with maximum accuracy and objectivity information about important events in business, politics, economy, healthcare, culture and other spheres of life in New York.
GlobalNY.biz news is a coverage of economic processes taking place in New York, the latest news of public life, incidents and an overview of political events. New York news is information about the activities of small and medium-sized businesses, the work of housing and communal services and utilities, the implementation of significant projects.
The site's journalists describe not only the life of the region, but also talk about the current state of the US economy. Everything you need to know about innovations in the field of industry and agriculture, economy and power is collected in the "News" section at GlobalNY.biz.
New York news quickly informs the reader, shows the real picture and opens up hot topics. Communication with government structures and business enables us to provide our readers with reliable, information-rich material. The main page of the portal contains the key news of New York!
Alena Potapova
Development Director
