New York (AFP)

The New York Stock Exchange ended split on Tuesday as investors cautiously began a historically tough September for the markets.

According to final results, the Dow Jones index lost 0.76% to 35,100.00 points and the S&P 500 dropped 0.34% to 4,520.03 points.

The Nasdaq gleaned 0.07%, allowing it to register a new record of 15,374.33 points.

"We are starting a new shortened week" after the Labor Day holiday Monday, "and a new month that is historically bumpy," Art Hogan of National Securities told AFP.

Investors were also digesting the disappointing US employment figures for August, released on Friday.

"There may have been a follow-up to the concern over the weakness of the jobs report on Friday," CFRA's Sam Stovall also noted.

The labor market markedly slowed down in August in the United States, the Delta variant having significantly slowed job creation.

The economy created just 235,000 jobs last month, three times fewer than expected even though the unemployment rate fell 0.2 percentage point to 5.2%.

Adding to the cautious mood of investors, Goldman Sachs analysts have revised down their forecast for US GDP growth in 2021 to 5.7% against 6.2% for the consensus of economists.

The downturn in the Dow Jones, far from being general however, was mainly centered around the fall of a few heavyweights in the index such as the pharmaceutical group Amgen (-2.22% to 221.34 dollars), 3M (-4 , 53% to 185.58 dollars), Honeywell (-2.38% to 222.93 dollars) and especially Boeing (-1.78% to 214.28 dollars).

The Irish low-cost company Ryanair announced on Sunday that it would cease negotiations with the aircraft manufacturer for the order of 737 MAX due to price issues.

Eight of the eleven sectors of the S&P were in negative territory.

In the green, there were growth sectors, such as communication services or information technology, allowing the Nasdaq to seize its 35th record of the year.

Thus, Tesla gained 2.64% to 752.92 dollars and Netflix jumped 2.74% to 606.71 dollars.

Apple, which plans to launch its new iPhone model on September 14, advanced 1.55% to $ 156.69.

The American graphics card maker Nvidia dropped 0.79% to 226.62 dollars, while, according to the Financial Times, the European Commission would not look favorably on its takeover of the British microprocessor specialist Arm.

State Street bank fell 3.72% to $ 89.43 after announcing the takeover of the investment arm of Brown Brothers Harriman bank for $ 3.5 billion.

Yields on 10-year Treasuries climbed to 1.37% from 1.32% at the previous close, as the US Treasury expects new bond issues this week.

© 2021 AFP