U.S. and European exchanges are down on negative statistics and the Fed’s further plans

Yesterday the main stock indices on the American and European trading floors ended yesterday in the red zone. Players are concerned about the prospects of tightening of the monetary policy on the part of the Federal Reserve, which reduces their appetite for risk. In addition, the release of weak U.S. economic statistics had an impact on trading. As the result of the day Dow Jones lost 1.63%, S&P 500 - 2.04%, NASDAQ - 2.83%. The decline of European stock exchanges exceeded 2%. According to the HYCM broker Giles Coghlan, the market reaction to the latest comments of the American regulator began to show the negative dynamics - immediately after the last meeting it was very calm, but now the real mood of the participants becomes evident. Besides, investors were disappointed by the publication of the data on the Consumer Confidence Index in the US for September - the index turned out to be below the forecasts, reducing down to 109.3 points against August. Experts expected its growth up to 114.9 points.