Cedears fell more than 10% before the collapse of the Nasdaq

Cedears fell more than 10% before the collapse of the Nasdaq

The rises were led by Barrick Gold (+6.7%), driven by the appreciation of gold bullion, and Petrobras (+3.8%), in line with the rise of the barrel of oil that is close to US$95 on barrel.

For their part, the Cedears ETF closed with most losses, however the greatest increase was for the energy index that grew 1.5%, and the greatest loss for the ETF that replicates the S&P 500 that fell 2.1%.

The CCL Cedears dollar finally closed higher, growing 0.9% and ending at around $216.21, but it was not enough to drive the general rise in paper.

On the other hand, on Wall Street, the main indices are trading with losses of up to almost 3%, mostly driven by the Nasdaq technology index.

What happened was that consumer prices increased by 7.5% in January, their biggest annual advance in 40 years. This caused a lower appetite for risk assets and a search for refuge by investors.

Source: Ambito

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