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On Wall Street, the decline in the technology sector

Money2 min čitanja
On Wall Street, the decline in the technology sector

Dow Jones Industrial Average rose on Tuesday, and investors left technological shares at the beginning of the second part 2025. years.

Investors also accompanied the latest events with a large tax and tax law President Donald Trump, as well as the comments of the President of the Federal Reserve Jerome Powell.

S & P 500 dropped by 0.11% and closed on 6,198.01, while Nasdaq Composite lost 0.82% and closed at 20.202.89. Dow Jones, shares with blue chips, was an exception, gaining 400.17 points, or 0.91%, and ended up to 44,494.94.

The merchants dropped the shares of technological giants, such as Nvidi and Microsoft, and instead decided to purchase shares of health companies. Amgen and Unitedhealth jumped more than 4%, while Mercons and Johnson & Johnson rose by more than 3% and about 2%, picking up Dow Jones with 30 shares. It is a turnaround in relation to the recovery of the market encouraged in the second quarter: SPD Fund Technology Select Sector jumped almost 23% in that period, but at the beginning of the third quarter, it has been reported by 0.9%, transmits SEEbiz.

“The last two months of the quarter was really at risk. It was the purchase of shares that had these really strong secular growths such as artificial intelligence and technology,” said Anthony Saglimbene, the main market strategist Ameripris. “I think we exhausted that trade.”

Electric Vehicle Manufacturer Tesla fell by 5% after Truth Social has proposed that the Ministry of Government Efficiency (Doge) investigate the state subsidies received by the ELON MENA executive.

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