The Dow Jones, the leading Wall Street index, lost 0.28% after the sharp decline in manufacturing activity in China.
Amid health concerns about the spread of the Delta variant in the United States, the New York Stock Exchange began August lower, with its star index, the Dow Jones, in the red after disappointing figures from the manufacturing sector in China.
The Dow Jones lost 0.28% to close at 34,838.16 points, and the expanded S&P 500 index - of the 500 largest listed companies - lost 0.18%, located at 4,387.16 units. On its side, the Nasdaq -with a technological component- remained practically stable, with a gain of 0.06%, at 14,681.07 points.
The New York stock market began the day approaching record levels due to the excellent season of quarterly results and the progress in Washington of the infrastructure plan proposed by the Joe Biden government.
However, investors fell into pessimism after learning worse-than-expected economic and epidemiological data while concern about the spread of the delta variant of the coronavirus grows. The country reached the goal of 70% of the immunized adult population a month late, almost simultaneously that positive cases have risen to 100,000 in a single day, something not seen since February.
"The market opened higher but ended partially in the red due to a fall in bond yields," a sign that investors are looking for these papers because of their characteristic of being a haven, summed up Peter Cardillo of Spartan Capital Securities.
Markets worry about global economic growth.
Manufacturing activity fell to its lowest level in 15 months in July in China, according to an independent index released Monday confirming the trend of the official index.
For its part, the manufacturing sector in the United States grew in July. It did so on a smaller scale for the second consecutive month than expected due to supply difficulties that prevent industries from responding to strong demand.
The ISM index of purchasing directors published this Monday stood at 59.5% against 60.6% last month when analysts expected a slight increase to 60.7%. An index value above 50% indicates an expansion of activity.
"The economy is cooling down in China, and investors are becoming prudent, as they fear the possibility that growth will slow down" in the world economy, Cardillo said.
Among the shares of the day, the titles of the electronic payments firm Square rose 10.17%, to $ 272.41, after the surprise announcement on Sunday of the purchase of Afterpay, a specialist of the payment on credit after delivery of products. For 29,000 million dollars.
For Square, led by the founder of Twitter, Jack Dorsey, the approach with this Australian start-up used by 16 million people in various countries "is a possibility to capitalize on the changes underway in the world of traditional credit, and to target particularly young people," said Art Hogan of National Securities.
In addition, Tesla, which last week announced that it exceeded $ 1 billion quarterly profit for the first time, rose 3.27% to $ 709.67.
By sectors, the most significant loss today was for raw materials (-1.17%), industrial (-0.73%), and energy (-0.71%) companies, and the biggest gain for utilities (0.75%).
In the group of 30 listed on the Dow Jones, the color red predominated, and the most notable decrease was for Visa (-2.68%), followed by Dow Inc (-1.45%) and McDonald's (-1.18%). At the other extreme, Goldman Sachs (0.83%) and UnitedHealth (0.79%) closed slightly up, among others.
Texas oil fell to $ 71.26 a barrel in other markets, and at the close of Wall Street, gold was down at $ 1,816.80 an ounce, the 10-year Treasury bond slid to 1.174%, and the dollar it lost ground against the euro, with a change of 1.1871.