Interest rate euros have caused the US stock markets to fall this week. On Friday, there is a mixed mood on the largest indices, but the Nasdaq continues to weaken.
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This is how the US stock market closed on Friday:
- The S&P 500 ended up 0.26 percent
- Nasdaq fell 1.34 percent
- The Dow Jones rose 0.40 percent
It has been a week of various movements for the US stock markets, but the Nasdaq, which has fallen the most, is now down over 12 percent so far this year.
Earlier this week, Wall Street fell when it became known that several members of the Federal Reserve believe it may be relevant to raise interest rates by half a percentage point at upcoming interest rate meetings.
This has led to a further rise in the “World’s most important interest rate”. The yield on ten-year US government bonds at the opening of the stock exchange is 2.71 per cent.
On the European stock exchanges, there has been an increase during the day, and the Oslo Stock Exchange closed up a solid 1.75 percent.
The oil price closed at 102.3 dollars a barrel on Friday night, an increase of 1.26 percent.
Robinhood stock fell after Goldman downgrade
It is another day of falling for technology stocks, and computer chip giants Nvidia and Micron fell 4.5 and 1.4 percent, respectively, due to value chain trouble and concerns about rising inflation in the US, writes CNBC.
Major technology stocks such as Tesla (down 3.0 percent), Alphabet (down 1.2 percent) and Apple (down 1.4 percent) also fell during the day.
The trading platform Robinhood also does not have a particularly good day on the stock exchange after Goldman Sachs changed the hold recommendation to a sell recommendation, writes CNBC. The stock fell 6.8 percent after the note was released.
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