Wall street it is trading mixed this Friday. The main US stock exchanges broke their winning streak of four consecutive sessions this Thursday, once again weighed down by technology, and in the last session of the week there is still no definition.
"The technology companies have done a lot of damage in this correction that was initiated on September 3," say experts from Vital Knowledge. "The excesses of the summer are still there and we still see a journey (to correction)", they add.
He Nasdaq It entered bearish territory this Thursday, that is, to fall 10% from its highs. The FAANGs have actually lost 10% so far this month.
And at the business level, you will also have to be very aware of the latest news related to TikTok, and is that Since this Sunday, the US has banned the downloads of this app and also those of WeChat. The president, Donald Trump, has assured that he has made this decision to "safeguard national security."
In political matters, Republicans and Democrats continue to negotiate to carry out a new round of stimulus with which to irrigate the largest economy in the world. Although there is still no agreement. Meanwhile, on the health front the coronavirus vaccine still not materialized and contagions have exceeded 30 million worldwide.
Across the Atlantic, the Ibex decreases increase due to pressure from the tourism sector, banks and Inditex. CaixaBank and Bankia they are protagonists in the selective after approving their merger. Finally, in Asia stocks have closed in the green with the Chinese yuan becoming stronger against the US dollar.
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