WALL STREET FINDS LOWERING
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(Reuters) – The New York Stock Exchange ended down -0.35% on Wednesday after reaching record highs at the opening as investors feared the effects of the deadlock in economic stimulus talks.
This trend was further accentuated after the announcement of the opening of proceedings against Facebook.
The Dow Jones index lost 105.07 points to 30,068.81.
The larger S & P-500 lost 29.43 points, or -0.79%, to 3,672.82.
The Nasdaq Composite for its part fell by 243.82 points (-1.94%) to 12,338.95 points.
While valuations are already at extremely high levels, some investors fear the vulnerability of equity markets to the slightest bad news
“There’s a lot of talk, they say they’re making progress and then they say they’re pulling away from each other, it’s frustrating,” said Tim Ghriskey, head of investment strategy at Inverness Counsel in New York.
At values, Facebook shares ended down -1.93% after the US Federal Trade Commission (FTC) and a group of 46 US states filed a complaint against the company they accuse of violating the antitrust legislation.
(French version Camille Raynaud)
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