#markets #trading #nyse #sp500 #risk
After the holiday in the US, the markets continue with the negative trend.
All 11 sectors closed with losses today.
Reasons include fears of further rate hikes by the FED and other central banks, worse than expected results from big companies like Home Depot, which slightly beat expectations in earnings (+0.56%) but reported results. slightly negative in the income line (-0.39%); in addition to the escalation of geopolitical tension due to Biden's surprise visit to Ukraine this weekend, which already had repercussions on Russia's attitude.
Whether it is a normal retracement or another bearish momentum will be defined in the next few days.
The S&P 500 fell -2.00% to settle at 3,997 points, a level we have not seen since January 20. With this, the index erased the gains it accumulated during the first days of February and now accumulates a loss of -1.94% in the month
As always to choose very well in which to invest and to have a very strict risk control, the times deserve it
Happy trading!