U.S. stock exchanges fall amid fears over inflation
The main U.S. stock indexes ended Tuesday in
losses. Dow Jones lost 1.36%, S&P 500 - 0.87%, NASDAQ - 0.093%.
The pressure was put on them by the players' fears about the surge in
inflation in the United States, which intensified after the message
White House press secretary Jen Psaki. The latter said yesterday
the White House press secretary, Jen Psaki, said yesterday that the administration was taking the threat seriously.
Bessemer Trust senior portfolio strategist
Peter Langas, the public is currently concerned about
about the issue of inflation, which adds to the uncertainty. An important
is what steps the Fed will take about it, he noted.
he said.
Signs of rising inflation currently
are affecting player behavior, leading to sell-offs in the
The tech sector - many investors are cutting back on open
positions. On Tuesday, shares of industry leaders Apple, Alphabet and Microsoft
lost ground on Tuesday, as did all 11 sectors of the S&P 500.