empty
 
 
02.12.2021 03:20 PM
Stock market indexes plunge amid first recorded Omicron cases in US

This image is no longer relevant

Yesterday, US stock market indexes dropped on the news of first confirmed cases of the Omicron variant in the United States. The Dow Jones Industrial Average lost 1.34%, the S&P 500 fell by 1.18%, the NASDAQ dropped by 1.83%

On Wednesday, the Center for Disease Control reported the first case of the Omicron variant in the US. The new strain's high number of mutations could lower the efficacy of existing COVID-19 vaccines.

The stock market was also affected by Jerome Powell's recent statement on inflation. The chairman of the Federal Reserve said inflation could persist for longer than anticipated, and the central bank would consider accelerating the withdrawal of its bond buying program at its December meeting.

Recent ADP non-farm payroll data beat market expectations, with employment rising by 534,000 in November. Economists forecast an increase by 525,000.

The ISM manufacturing PMI went up in to 61.1 in November compared to 60,8 in October. The index was expected to rise to 61.

Several US equities slumped amid the stock index decline. American Airlines Group Inc., United Airlines Holdings Inc., and Delta Air Lines Inc. lost 8%, 7.6% and 7.4% respectively.

Shares of Salesforce.com Inc. dived by 11.7% due to a 57% decline in net income in the third quarter, despite sales rising by 27%. The company's profit forecast for the fourth quarter is below market estimates.

Exxon Mobil Corp stock lost 0.1%. The corporation announced its plans to hold spending at $20-25 billion annually until 2027, as well as spend $15 billion on its emission-reduction plan.

Shares of Groupon Inc. fell by 3.3% amid the appointment of Kedar Deshpande, ex-CEO of Zappos, as the company's CEO.

Jana pendapatan melalui perubahan kadar mata wang kripto dengan InstaForex.
Muat turun MetaTrader 4 dan buka dagangan pertama anda.
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    SERTAI PERADUAN
  • Chancy Deposit
    Deposit akaun anda sebanyak $3,000 dan dapatkan $8000 lebih lagi!
    Dalam Mac kami membuat cabutan bertuah $8000 dalam Kempen Chancy Deposit!
    Dapatkan peluang untuk menang dengan membuat deposit $ 3000 ke dalam akaun dagangan. Setelah memenuhi syarat ini, anda menjadi peserta kempen.
    SERTAI PERADUAN
  • Trade Wise, Win Device
    Daftar untuk peraduan dan tambah dana akaun anda dengan sekurang-kurangnya AS$ 500 untuk layak memenangi peranti mudah alih.
    SERTAI PERADUAN
  • Bonus 100%
    Peluang istimewa anda untuk menerima bonus 100% pada deposit anda
    DAPATKAN BONUS
  • Bonus 55%
    Dapatkan bonus 55% pada setiap deposit anda
    DAPATKAN BONUS
  • Bonus 30%
    Dapatkan bonus 30% setiap kali anda membuat penambahan dana akaun anda
    DAPATKAN BONUS

Artikel yang dicadangkan

Tidak boleh bertanya sekarang?
Tanya soalan anda di Ruangan bersembang.
Panggilan semula Widget