Wall Street closed in the red and the Dow fell 2.53%, its worst fall of the year

Wall Street closed in the red and the Dow fell 2.53%, its worst fall of the year

All sectors closed in red, but the most affected, by far, was energy (-4.04%), weighed down by a significant drop in the price of crude, which at the close of the New York stock market fell by more than 12%. 

The market rotated today towards safe investments, such as the 10-year Treasury bonds, which, being more in demand, had a decrease in their yield to 1.485%, from the 1.638% that was registered at the close of the New York stock market on Wednesday.

On the other hand, the shares of the pharmaceutical companies that have developed anticovid vaccines soared, and Moderna rose more than 20%, while BioNtech advanced around 14%.

All sectors closed in red, but the most affected, by far, was energy (-4.04%), weighed down by a significant drop in the price of crude, which at the close of the New York stock market fell by more than 12%.

Among the 30 listed on the Dow Jones, only Verizon (0.27%) managed to finish in green, while American Express (-8.62%), Boeing (-5.41%), Caterpillar (-4, 03%) and Merck (-3.79%).

In other markets, at the close of Wall Street, gold rose to 1,785.60 dollars an ounce, and the dollar lost ground against the euro, with a change of 1.1309.

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