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Dow drops 500 points after Goldman Sachs

The Dow Jones Industrial Average fell more than 500 points after Goldman Sachs reported disappointing results. While US government bond yields rose

At 9:39 p.m. Thai time, the Dow Jones Industrial Average was 35,377.26, down 534.55 or 1.49%.

Goldman Sachs shares fell nearly 4% after it said The bank’s profit declined in 4Q21, below analysts’ forecasts. Due to the sluggish trading environment, however, the potential merger and acquisition deals has sent support to Goldman Sachs profits every quarter in 2021

Microsoft shares fell 2.5% after announcing a $68.7 billion acquisition of the game publisher.

Investors will keep an eye on US economic data that is scheduled to be released tonight in Thai time, including the Empire State Manufacturing Index for January from the New York Fed. and the January housing market index from the National Association of Home Builders (NAHB).

Investors are also keeping a close eye on the COVID-19 situation, with US surgeon general Vivek Murthy. warned that The US must be ready for a tough week in many parts of the country. Because the United States has not yet passed the peak of the COVID-19 epidemic. Omicron species


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