In the stock markets yesterday we experienced a day with new corrections, caused by the risk of economic deterioration that, after starting the session with a slightly negative tone, accelerated downwards in the last part of the session. The Euro Stoxx 50 ended down 2.82% to 3,526 index points, down 17.9% for the year. The Ibex 35 had a similar behavior, which ended the session with a fall of 2.20%, to 8,139 points and with an annual decrease of 6.6%. At the sector level in Europe, only the personal consumption sector rose, while the biggest falls were focused on travel, technology, raw materials and energy. In terms of stocks, the biggest falls in the Euro Stoxx 50 were scored by ASML and Infineon in technology, along with Flutter, Prosus and Philips, while only Ahold closed positively, and moderately corrected ING, BBVA, Danone or Iberdrola. In the Spanish stock market, the best behavior yesterday, even with modest declines, was for financial entities such as Mapfre, BBVA, Sabadell or Bankinter, together with Iberdrola. Meanwhile, on the downside, Almirall (down -11.4%) strongly corrected after worse-than-expected results, as well as Grifols, Repsol, Fluidra or Siemens Gamesa. In the United States, the stock markets added a day with heavy losses, the main reason being the threat of an increase in rates. In general they had a very negative behavior, with an S&P 500 that broke the barrier of 4,000 points and fell 3.2% at the close, to 3,991 points, and with a drop of 16% in 2022, back to levels of a year ago. In turn, falls of 1.99% in the Dow Jones and 4.29% in the Nasdaq. However, S&P futures mark a significant recovery, and with it, European futures mark a slightly bullish open today. INFORMATIONTitle Day of losses in the stock market on both sides of the Atlantic DescriptionIn the stock markets yesterday we experienced a day with new corrections, caused by the risk of economic deterioration that, after starting the session with a slightly negative tone, accelerated downwards in the last part of the session. Author GLOBALCAJA
Day of losses in the stock market on both sides of the Atlantic
