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The technology sector incurred losses for US stocks at the close, and the Nasdaq was the biggest hit
image 17 December، 2021
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The major indices of US stocks recorded declines at the close of the trading session yesterday, Thursday, December 16th, affected by the declines in technical stocks, as technology stocks led the Nasdaq Composite Index, which specializes in the technology sector, to record its largest daily loss since September, after fears increased that the US Federal Reserve would raise interest rates by three times as stated in its meeting Wednesday.

In terms of stock movement, Apple’s stock led the declines in the technology sector, as the stock fell by about 3.93%, at levels of 172.26 dollars, and Amazon’s stock fell by about 2.56% at closing at 3,377 thousand dollars, and Microsoft closed at 324.90 dollars, down by 2.91%.

 

The Dow Jones Industrial Average closed down by about (29) points at the close at 35.897 levels, a loss of about 0.08%, and it is now trading in the futures for today’s session, Friday, the closing session of the week at levels of 35,758, down by about 33 points.

While the S&P 500 index recorded declines at the closing at 4.668 levels, down by about (41) points or 0.87%, and it is now trading in futures at 4.652 levels, down by about 7 points.

While the Nasdaq index recorded declines by 385 points, to close the session at 15.180 points, recording losses of about 2.47%, recording the largest daily loss since last September 28, and it is now trading in the futures, down by about 40 points.

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