New York (AFP)

The New York Stock Exchange suddenly sank in the red Thursday shortly after opening, undermined by a weakening of the growth of activity in services in the United States.

Its flagship index, the Dow Jones Industrial Average, was down 1.19 percent to 25,768.08 points, around 14:15 GMT.

The Nasdaq, with strong technological coloration, lost 0.97%, at 7.709.41 points, and the expanded S & P 500 index yielded 1.00%, to 2.858,79 points.

Wall Street ended strongly in the red on Wednesday, weighed down by numbers below expectations for the US economy: the Dow Jones lost 1.86% and the Nasdaq 1.56%.

After close to close Thursday's balance, Wall Street sharply retreated to the publication of figures from the professional association ISM showing that the growth of activity in services in the United States had weakened in September more strongly than it was. there waited for analysts.

The non-manufacturing index was 52.6%, 3.8 percentage points below its August level. Analysts were betting on a better score at 55.4%.

The New York rating has been undermined since the beginning of the week by economic data deemed worrisome for the world's largest economy.

On Tuesday, the index of the ISM industry trade association in the manufacturing sector in September showed a sharp decline, falling to its lowest level in 10 years, reflecting uncertainties surrounding global trade.

Job creation in the US private sector, they slowed to 135,000 in September, after 157,000 jobs created in August, according to the monthly survey of ADP published Wednesday.

"The most recent economic data is raising fears that the economic slowdown, which has been largely confined to the manufacturing sector, is expanding into consumption as the Sino-US trade war drags on," says National's Art Hogan.

The trade war between Beijing and Washington remains at the center of the concerns of market players. Delegations from the world's two largest economies are expected to meet next week in Washington for the resumption of talks at the highest level.

Investors also kept a close eye on trade tensions between the United States and Europe.

The US administration announced Wednesday it would hit, from October 18, $ 7.5 billion of European products punitive tariffs, just hours after winning a WTO victory in the interminable case subsidies to Airbus.

In the bond market, the 10-year US debt rate stood at 1.517%, down from the previous day's close (1.599%).

© 2019 AFP