| 
March 10, 2023
Today at a glance: the enterprise IT company found support around the $84.08 level, after closing yesterday at $86.87 and dropping by 3.21% today.
Data from United States concerning Unemployment Rate was released today at 13:30 UTC. Newly published figures emphasized continued decline from last month's figure of 3.4 to 3.6 this month. Highly important Initial Jobless Claims data from United States beat analyst expectations of 195,000 with a reading of 211,000.
This down-slide takes place despite the positive US macroeconomics indicators data that was published earlier — data for United States Non Farm Payrolls released today at 13:30 UTC is better than expected with 311,000, but worse than previous figure of 504,000.
Oracle was not the only decliner in the technology sector; Accenture plc Class A (Ireland) went down to $252.85, losing 2.66% after it closed at $259.76 today. Intuit drops 2.96% today to close at $404.58.
On the other hand, positive performances could be seen by looking at other technology stocks as Intel added 2.95% to its value, and traded at $27.22.
The stock has been trending positively for about 5 months. After hitting an important low of $61.07 approximately 5 months ago, the US tech hardware giant has bounced back 42.25% since.
