Wall Street ends session at a loss as First Republic Bank plummets

In update

The New York Stock Exchange closed the last session of the week, this Friday, March 17, with the main indexes in negative territory, as happened in the European counterparts.

The index that registers the greatest decrease is the industrial Dow Jones, which fell 1.19%, to 31,861.98 points. At the same time, the S&P 500 closed down 1.10% to 3,916.64 points, while the technological Nasdaq contracted 0.74% to 3,916.64 points.

Among the big losses, First Republic Bank, listed on the S&P 500, stood out, with a fall of around 33.0%, to 22.96 dollars.

In fuels, the cost of brent fell by 2.82%, to US$72.59 per barrel, while in the case of crude there was a decrease of 2.94%, with a barrel trading at US$66.34 dollars.

Today, data on consumer sentiment in the United States was released, which registered a sharp drop in the period between February 24 and March 17, 2023, in line with what were expected by the markets. The index, calculated by the University of Michigan, thus registers the first drop since November 11, 2022.