Uncertainty on the New York Stock Exchange: Downward Movements

The New York Stock Exchange closed the day negatively, contrary to expectations, following the critical meeting between U.S. President Donald Trump and Chinese President Xi Jinping. It was observed that even the positive messages from the meeting between the two leaders were not enough to improve investor sentiment.

The overall negative atmosphere in the markets is closely linked to the corporate sector's situation. The results announced by major players in the technology sector, such as Meta and Microsoft, fell below investor expectations. The drop in Meta's stock value quickly caught the attention of investors, creating a negative impact across the stock market.

The recently announced Meta financial results for the second quarter of 2023 led to a 5% decline in its stock value. The company's revenues falling short of targets and rising costs further deepened its negative impact on the market.

Similarly, Microsoft’s financial report disappointed investors. The company's revenue growth, which lagged behind market expectations, led to a 4% loss in its stock value. This situation accelerated downward movements across the stock market, adding additional pressure on technology stocks.

Investors are now focused on other company results and economic developments that will be announced in the coming days. While uncertainties continue in global markets, it is anticipated that investors will decrease their risk appetite and increase their search for safe havens. The recent fluctuations have the potential to create significant effects not only in technology companies but also in other sectors.

Particularly, fluctuations in the U.S. economy and the Fed’s interest rate policies continue to exert pressure on investors. Therefore, it is assessed that these types of negative developments in the markets could lead to significant changes in investor psychology.