Yesterday’s decline continued on Wall Street

Yesterday's decline continued on Wall Street

After yesterday’s triple rise by the US central bank, the New York Stock Exchange continued its decline on Thursday. This is how the leading indicators performed:

  • The Dow Jones index fell by 0.46 percent to 31,999.34 points.
  • The S&P 500 index fell 1.06 percent to 3,719.68 points.
  • The Nasdaq index fell 1.73% to 10,342.94 points.

The 10-year US government bond yield was 4.14 percent at the time of closing, while the Vix, also known as the Fear Index, was down 2.67 percent to 25.17.


The largest technology stocks fell on Thursday. The owner of Facebook Meta, Amazon, Apple, Netflix and Alphabet (the parent company of Google), also known as FAANG shares, had a bad day in the stock market:

  • Facebook shares fell 1.81% to 88.91.
  • Amazon shares fell 3.07 percent to 89.30 points.
  • Apple shares fell 4.25 percent to 138.88 points.
  • Netflix shares fell 1.45 percent to 269.06 points.
  • Alphabet shares fell 4.08 percent to 83.43.

Among the individual moves, Royal Caribbean Cruises rose 8.27 percent to 53.77 points. Boeing prices rose more than six percent, while today’s winner was online shopping company ETSY, which rose 14.26 percent.


217,000 Americans applied for unemployment benefits for the first time (initial unemployment claims) in the week to October 29. That’s just down from the revised 218,000 the previous week, new weekly numbers from the US Department of Labor show. According to Trading Economics, the consensus indicated 220,000 unemployment claims.

Out-of-farm productivity in the USA increased by 0.3% YoY in the third quarter of 2022. According to Trading Economics, a 0.6% increase was expected.

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The US trade balance in September was minus $73.3 billion, while a deficit of $72.2 billion was expected.


At the close on Wall Street, the price of oil (burning spot) fell 1.65 percent to $94.57. West Texas Intermediate crude fell 2.1 percent to $88.06 a barrel. barrel.

Dalila Awolowo

Dalila Awolowo

"Explorer. Unapologetic entrepreneur. Alcohol fanatic. Certified writer. Wannabe tv evangelist. Twitter fanatic. Student. Web scholar. Travel buff."

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