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\u00a0The three main US stock indices recorded declines at the end of trading on Tuesday, the ninth of November, after gains that continued for more than a week, as the S&P 500 index ended a series of gains that continued for eight consecutive sessions, in the longest series of consecutive gains since April of the year 2019 amid a state of profit-taking in the markets after Positive numbers of quarterly profits for companies, most of which exceeded expectations in the third quarter of the year.<\/span><\/span><\/p>\n Economic data released by the US economy showed a growth in the Producer Price Index (PPI) by 0.6% in October, in line with expectations on a monthly basis, while the annual index rose to 8.6%. <\/span><\/span><\/p>\n In terms of the movement of US stocks, Tesla stock led the shares declines in the S&P index, as the stock lost about 12% at closing at levels of $ 1023, on the back of the proposal of the company\u2019s president, Elon Musk, days ago, to sell 10% of his shares in the company on Twitter, to lose the company more than 200 billion dollars of its market value in two sessions.<\/span><\/span><\/p>\n PayPal’s stock, in turn, lost about 10.46% at closing at levels of $205.42 after the company announced its quarterly results for the third quarter, with profits of $1.11, earnings per share and revenue of $6.18 billion, while it lowered its expectations for revenue at the end of this year after transactions related to eBay declined in Third quarter . <\/span><\/span><\/p>\n The Dow Jones Industrial Average closed down by about (112) points at the close at 36.319 levels, a loss of about 0.31%, and is now trading in futures for today’s session, Wednesday, at levels of 36,080, down by about 129 points. <\/span><\/span><\/p>\n On the other hand, the S&P 500 index recorded declines at the close at 4.685 levels, down by about (16) points or 0.35%, and it is now trading in futures at 4.661 levels, down by about 17 points. <\/span><\/span><\/p>\n While the Nasdaq index recorded losses of (95 points), to close the session at 15.886 points, recording losses of about 0.60%, and it is now trading at 16,151 levels, down by about 61 points.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" \u00a0The three main US stock indices recorded declines at the end of trading on Tuesday, the ninth of November, after gains that continued for more than a week, as the S&P 500 index ended a series of gains that continued for eight consecutive sessions, in the longest series of consecutive gains since April of the […]<\/p>\n","protected":false},"author":1,"featured_media":2540,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-2539","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-18"],"acf":[],"yoast_head":"\n