New York (AFP)
Wall Street, which had opened in dispersed order Friday, slipped into the red Friday after a further decline in tech the day before.
At 1.30 p.m. GMT, its flagship index, the Dow Jones Industrial Average lost -0.51% to 27.759.46 points and the extended S & p 500 index lost 0.39% to 3.343.97 points.
The Nasdaq, which had started in the green, very quickly gave up 0.24% to 10,884.57 points.
Tested by the decline of the big names in tech, under pressure for two weeks, the New York Stock Exchange had already finished in the red Thursday.
The DJIA lost -0.47% and the Nasdaq -1.27%.
Investors also digested the decisions of the American Central Bank (Fed) promising a policy of interest rates close to zero for a long time but underlining the "uncertainty" of the recovery.
For Fernanda Horner, analyst at Schaeffer, the nervousness of the market was to be attributed "to the confusion that reigns around the timing of a vaccine against Covid-19 while Congress fails to agree on a new program help ".
Tensions around the TikTok saga also worried the market as well as "pressure from President Trump on the application of ByteDance while Oracle seems to be finalizing a partnership with the Chinese group," said this analyst.
Investors were watching the consumer confidence indicator for September, which turned out better than expected and had the potential to rekindle optimism.
Among the big names in tech, Apple lost 0.52% and Microsoft -0.11% but Tesla climbed 5.54% and Amazon 0.17%.
Kodak continued to appreciate (+ 4%) and Snowflake, a computer storage company that went public with fanfare on Wednesday, was slightly in the red (-1% to 225 dollars).
This Friday also marked the expiration of major futures contracts which can lead to volatility.
© 2020 AFP