A slight decline in the New York Stock Market..Intel surges and Alibaba rebounds

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[아시아경제 뉴욕=백종민 특파원] The New York Stock market failed to keep up with the initial gains and ended lower.

On the 29th (local time), the Dow Jones 30 Industrial Average fell 68.30 points (0.22%) to 33,335.67, The S&P500 index fell 8.32 points (0.22%) to 3727.04, while the NASDAQ index fell 49.20 points (0.38%) to close at 10,2850.22.

The New York Stock Market continued its imagination at the beginning of its opening and held a record high, but it has since turned downward.

Investment sentiment worsened when Republican Senate Representative Mitch McConnell rejected the payment of 2,000 dollars in cash per capita who passed the House one day ago.

Intel’s share price surged 4.9% due to the influence of the activist investment fund’s third point urging Intel to come up with alternatives, fearing a decline in competitiveness.

Alibaba, which had fallen due to the Chinese government’s checks, rose dramatically. Alibaba stock price surged 6.25% on the same day.

After reporting the possibility of entering the automobile market, Apple, which showed strength, fell 1.33%.

West Texas crude oil (WTI) for delivery in February of next year closed at $48.00, up 0.79% ($0.38) per barrel. Gold for February delivery closed at $1882.9, up 0.13% per ounce ($2.5).

New York = correspondent Baek Jong-min [email protected]