Twitter goes in red on Wall Street

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Wall Street started Thursday with a loss on the trading day. Investors were again given a trifle of business figures, including that of Twitter and Fiat Chrysler.

The leading Dow-Jones index went down 0.7 percent to 25,224 points in the first trading minutes. The broad S & P 500 also fell 0.7 percent, to 2713 points. Nasdaq delivered 0.8 to 7314 points.

Twitter lost almost 10 percent shortly after opening. The social media company increased its sales in the past quarter and achieved a profit that was higher than experts had expected, but prospects for the current quarter disappointed. Also automaker Fiat Chrysler ran a hefty dent. The group lost almost 12 percent after disappointing prospects for the profit and cash flow in 2019.

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Oliver I. Kjeldsen

Oliver I. Kjeldsen has a corporate finance and extensive expertise in company audit. He grants us amazing insights on taxation, international affairs and friendly advice on nearly any topic of interest. His email is [email protected]

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