[Archyde.com]-The US stock market closed by more than 2.5%. In addition to weak corporate earnings, the view that the US Federal Reserve (FRB) will aggressively raise interest rates continued to be weighted.
The three major stock indexes fell even in the week, with 500 S & P and Nasdaq composites falling for the third straight week and 30 Dow Jones Industrial Averages falling for the fourth straight week.
The Dow’s rate of decline on the 22nd was 2.82%, the highest since October 2020.
It is the eighth time that Nasdaq has recorded a rise or fall of more than 2% in one day on 22nd of the 15 business days in April. “It’s very rare that the index moves 2% in a day, but it’s rarely read from it,” said Craig Ahram, senior market analyst at OANDA.
Fed Chair Jerome Powell said a 50 basis point (bp) rate hike would be “considered” at the Federal Open Market Committee (FOMC) on May 3-4.
The Chicago Board Options Exchange’s (CBOE) Volatility Index (VIX), which shows investor anxiety, surged to its highest level since mid-March.
HCA Healthcare, whose profit outlook has been revised downward, fell 21.8%, and competitors also fell sharply. S & P Healthcare has fallen 3.6%.
All 11 major S & P sectors have fallen. Material fell 3.7%. Nucor, which had hit the highest price the day before the settlement, fell 8.3%, and Freeport-McMoran also fell 6.8%.
In the week, the Dow fell 1.9%, the S & P fell 2.8%, and the Nasduck fell 3.8%. The Dow and S & P have fallen more than 10% year-to-date, while the Nasdaq has fallen 17.9% since the beginning of the year.
Apple, Microsoft, Amazon and Alphabet, which are about to announce their financial results next week, are down 2.4-4.1% on the 22nd. Meta Platform, which also announces its financial results next week, also fell 2.1%, and the rate of decline in the last three days reached 15.3%.
The combined trading volume of the US exchange is 11.66 billion shares. The average of the last 20 business days is 11.67 billion shares.
Closed price% compared to the previous day Open price High price Low price code
30 Dow Jones Industrial Averages 33811.40 -981.36 -2.82 34727.3 34727. 33773.
8 38 39
Previous business day closing price 34792.76
Nasdaq Composite 12839.29 -335.36 -2.55 13168.8 13212. 12828.
0 61 02
Previous business day closing price 13174.65
S&P 500 types 4271.78 -121.88 -2.77 4385.83 4385.8 4267.6
3 2
Previous business day closing price 4393.66
Dow Jones Transportation Average 15067.34 -342.88 -2.23
Dow Jones Utility Average 1042.69 -16.70 -1.58
Philadelphia Semiconductor 2989.83 -68.91 -2.25
VIX 28.21 +5.53 +24.38
S&P general consumption goods 1381.16 -33.59 -2.37
S&P material 538.40 -20.85 -3.73
S&P Industries 832.24 -21.22 -2.49
S&P major consumer goods 827.69 -13.41 -1.59
S&P Finance 601.30 -18.60 -3.00
S&P Real Estate 308.86 -5.58 -1.78
S & P Energy 579.90 -14.45 -2.43
S & P Healthcare 1557.49 -58.67 -3.63
S & P communication service 206.48 -7.04 -3.30
S&P Intelligence Technology 2509.65 -72.13 -2.79
S&P Public Goods 377.35 -6.46 -1.68
NYSE came out with 1.060 billion plants
Chicago Nikkei Futures June Contract Dollar Denominated 26790 –310 Osaka Compare
Chicago Nikkei Futures June Contract Yen-denominated 26755 –345 Osaka Compare