Wall Street posted its worst performance since October 2022

Wall Street stock market indexes deepened their losses yesterday Wednesday, and as investors evaluated the quarterly trading results of companies, the US stock market recorded its worst performance since October 2022.

According to the RT report, at the end, the Dow Jones industrial average decreased by 1.25% to 39,853 units, while the S&P 500 index decreased by 2.3% to 5,427 units, the Nasdaq index also decreased by 3.65 The percentage of decrease reached 17342 units, so the index decreased by one trillion dollars.

The decline came in light of Tesla and Alphabet’s quarterly results, which did not meet the high ceiling set by Wall Street analysts. On the other hand, the shares of large American companies decreased, in the same direction, Tesla shares fell by 12.35%, Meta by 5.6%, Alphabet by 5%, Microsoft by 3.6%, Amazon by 3% and Apple by 2%. decreased by 9 percent.

On the other hand, the widespread technical disruption that occurred in computer networks in the world on Friday caused the fall of American stocks to accelerate. In this regard, the chaos associated with this global technical disruption, which occurred due to a software defect, has increased uncertainty in the already chaotic market, and European stocks have also fallen.

Translator: Mina Azimi