Wall Street ends without a clear direction as the Nasdaq rebounds only slightly
Published
The US financial markets ended the session with no clear trend. The technology sector saw a slight rebound, but this gain remains modest and is not enough to erase recent losses.
The Nasdaq, the stock index that includes many technology companies, is still down more than 10% from its peak reached in early October. In the markets, an index is said to be in "correction" when it has lost at least 10% from its most recent high. The Nasdaq is therefore still in this phase.
Investors remain cautious. In this context, the markets are hesitating between signs of recovery and concerns about the evolution of the economy and technology stocks.
These movements are closely watched in France, as the world's major financial centres are linked to one another. Changes on Wall Street can influence European stock exchanges, as well as the investments of many savers.
Sources: France 24
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