Consumers take down Wall Street | Financial

The University of Michigan’s indicator of how consumers view the economic situation fell in July. On average, economists had expected a slight improvement compared to the previous month. Households were particularly concerned about price increases. They expect an increase of 4.8 percent this year, the highest level since 2008.

The Dow Jones finished the day 0.9 percent lower at 34,687.85 points. The broad S&P 500 lost 0.8 percent to 4,327.16 points, the Nasdaq lost 0.8 percent to 14,427.24 points.

Moderna shot up more than 10 percent. The company will be listed in the S&P 500 from July 21, replacing its peer Alexion Pharmaceuticals, which is being acquired by AstraZeneca for $39 billion.

Intel saw an earlier loss evaporate and ended 1.5 percent lower. The chip group would like to acquire sector partner GlobalFoundries for $ 30 billion in order to strengthen its position in the global chip industry.

Boeing fell 2.3 percent. More than 2,500 Boeing 737s in the US need service. Aviation authority FAA reports that there may be a defect in a pressure switch of the device. The FAA has no jurisdiction over other countries, but it is likely that the 737s are also controlled in the rest of the world.

The New York-listed Chinese taxi app Didi Global lost 3.2 percent. Inspectors from several Chinese government departments are investigating cybersecurity at Didi. It was previously announced that Didi was removed from Chinese app stores because the company illegally collected data from users.

A barrel of American oil became 0.1 percent cheaper at $ 71.56 per barrel. Brent oil fell 0.3 percent in value to $73.25 a barrel. The euro was worth 1.1805 dollars, compared to 1.1809 at the close of the European stock exchanges.

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