Thursday, May 23

The Stock Exchanges in New York Mainly Opened Lower on Wednesday

The stock exchanges in New York mainly opened lower on Wednesday. This means that something is handed in after the records from the day before.


Investors process a variety of US macroeconomic data. Wall Street will remain closed for Thanksgiving on Thursday.

The Dow Jones Index, with thirty major companies that reflect corporate America, broke through the 30,000 point barrier for the first time in its history on Tuesday.

Shortly after opening, the Dow recorded a minus of 0.3 percent at 29,951 points. The broad S&P 500 fell 0.2 percent to 3,628 points, but the technology gauge Nasdaq gained 0.4 percent to 12,123 points. Trading volumes will traditionally be somewhat lower in the run-up to Thanksgiving.

In terms of companies, the producer of agricultural machinery Deere and fashion brand Gap know that the attention is focused on itself after figures. Deere won 1 percent, but Gap plummeted more than 18 percent.

Department store chain Nordstrom surprised with an operating profit and was raised by more than 6 percent. PC maker Dell Technologies (minus 2 percent) and its industry peer HP Inc (plus 6.7 percent) also opened the books.

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