• Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups
 

Talk Finance

£$$€№₮IAL €¢¤₦¤MI¢ №€₩$
  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

Talk Finance

  • Foreign Affairs
  • Money Matters
  • Domestic Affairs
  • IT, Innovation and Startups

In Money Matters

Wall Street had the worst year since 2008

2nd January 2019

Wall Street had the worst year since 2008 Pin It

The US stock exchanges are closed with profits on New Year’s Eve. Investors reacted elated to a tweet from President Donald Trump, in a more peaceful trading session. But that did not prevent the surveyors from having to hand in properly throughout the year. Wall Street even knew its worst year since 2008.

The Dow-Jones index ended 1.2 percent in the plus at 23,327.46 points. This means an annual loss of almost 6 percent. The broad S & P 500 gained 0.9 percent on Monday at 2.506.85 points, which also results in an annual loss of around 6 percent. Technology fair Nasdaq, which had the last trading day of the year 0.8 percent, fell by a score of 6,635.28 points around 4 percent compared to a year earlier.

Trump tweeted last weekend that he has long talked with his Chinese counterpart Xi Jinping. There would be a shot in the negotiations on the trade dispute between the two countries. Investors nevertheless look back on a year full of headache dossiers. In addition to all the turmoil caused by the trade tensions, sentiment was under pressure due to, for example, the Brexit and recently the shutdown of the American government. The Federal Reserve also tightened interest rates a number of times and that also had repercussions on the financial markets.

At the Dow index side the American pharmaceutical company Merck & Co has done the best in 2018, with an annual gain of around 34 percent. The stock market value also rose sharply in the case of sector competitor Pfizer, who received almost 19 percent. Investment bank Goldman Sachs was the biggest loser of the year in the list. The share has lost around 36 percent.

The price trend of Apple was also striking. On the last trading day of 2017, a share in the technology group was worth more than $ 169. The price peaked at $ 233.47 last summer, bringing the total market value of Apple to over $ 1 trillion. But in the meantime Apple has been a ‘trillion company’ for a while. The share closed the year at $ 156.79. Apple is therefore worth ‘only’ about 750 billion dollars.

Share

No Comments

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Previous Post

Boat season at its…

In Domestic Affairs

Boat season at its high for the Channel migrants

View Post

Next Post

Belgium solar power panel market…

In IT, Innovation and Startups

Belgium solar power panel market is on the decline

View Post

In IT, Innovation and Startups

Parler selects Belize-registered, Russian-owned internet security company

View Post

In Domestic Affairs

More than a third UK manufacturers are looking to replace foreign suppliers

View Post

In Money Matters

Tesco had a great Christmas sales but it does nothing to save the jobs

View Post

In Money Matters

In 2020 airlines lost 370 billion USD in turnover

View Post

Newsletter

Latest News

COVID-19

View

Authorities are considering paying £500 as a welcome bonus for positive COVID test

22nd January 2021

View

ECB likely to keep the key rate unchanged

21st January 2021

View

Government allocates £23 million for compensations to fishermen

20th January 2021

View

Burberry turnover decreased 9 percent in Q4

20th January 2021

Allow us to introduce ourselves

Talk-Finance.co.uk, the analytic media. We are focused on the fresh business, M&A and financial data. We pay attention to the interesting new projects and startups while not letting the whole picture to let unnoticed.

  • Investing.com
  • Runch.co.uk

Sign Up for Our Newsletter

Our friendly crew

  • Matthew Patridge, the chief Editor
  • Chris Kimble, the managing Editor
  • Matthew Weller, webmaster&technical stuff
  • Charles Sizemore, author
  • David Stevenson, author
  • Helen Rush, author

Contact us by [email protected]

© 2019 Talk Finance - All Rights Reserved. [email protected]