Netflix shares lost a quarter of their value on Wall Street. The cause of the decline is because the company reported its first drop in subscribers in a decade.
For its part, Facebook loses 5.9% and Paypal falls 5.8%. In turn, the biggest promotions are for Vista (+3.3%), Walmart (+2.8%) and Coca Cola (+2.2%).
As for the Cedears ETFs, the SPY grows 1.3% and the ARKK of innovation falls 3.1%.
The New York Stock Exchange ended higher for the first time in three sessions on Tuesday, buoyed by corporate earnings, although US Treasury bond rates continued to rise.
This Wednesday, the technological Nasdaq fell 1.2%, while the Dow Jones industrial rose 0.7%, and the S&P 500 fell slightly 0.1%.
“Wall Street continues to seek a breather after the recent weakness, even in an environment of growing volatility, not only due to the escalation in rates and geopolitical tensions, but also due to the ups and downs in mood imposed by the balance sheets,” said Gustavo Ber .
Source: Ambito
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