The Stock Markets in New York Started Lower on Thursday

The Stock Markets in New York Started Lower on Thursday

The stock markets in New York started lower to the day on Thursday. This continued the line from a day earlier when the vote was depressed by the minutes of the Federal Reserve.


Investors on Wall Street also process disappointing figures about the weekly benefit requests in the United States and some company results.

The Dow Jones index was 0.4 percent lower after a few minutes of trading at 27,592 points. The broad S&P 500 fell 0.3 percent to 3366. Nasdaq tech exchange fell a fraction to 11,141 points.

The number of Americans who turned to the government for unemployment benefits exceeded 1 million last week against expectations.

In total, more than 1.1 million people made use of the social safety net last week. A week earlier, the number of applications dropped below 1 million for the first time since the end of March.

New York-listed Chinese web store giant Alibaba experienced significant growth again last quarter, after a difficult start to the year due to the corona outbreak in China.

Amazon’s counterpart was able to boost its sales by more than a third, and profits more than doubled. Despite this, the share fell 1.9 percent.

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