The key Wall Street indices began trading today, Friday, following Snap’s projections that the fourth quarter and the holiday season would not bring in any sales, which prompted the sale of social media company shares in conjunction with the strong returns on US Treasury bonds.
According to Reuters, the Dow Jones index dropped 42. 4 points, or 0. 14 percent, to 30291. 18 points.
The Standard & Poor’s index decreased to 3657.1 points by 8. 7 points, or 0.24 percent.
The Nasdaq index fell 38.
To 10576. 037 points, 8 points or 0. 37 percent increased.
The Japanese Nikki Index, on the other hand, ended trading today below the level of 27,000 points due to falls seen on Wall Street last night and concerns that the Federal Reserve (the US Central Bank) will announce a dramatic increase in interest rates that might lead to stagnation.
The Nikki index fell 0. 43 % to close at 26890. 58 points, near the lowest level of its record at the day at 26869. 38.
Of the 225 shares on the index, 186 fell and 35 rose, while four remained unchanged.
The overall Topics index decreased by 0. 71% to 1881.98 points.
In order to retreat, the American Stock Exchange increased the selling of social media.
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