U.S. exchanges declined amid fears about the prospects of the U.S. economy
The main U.S. stock indices ended yesterday's
Dow Jones dropped 0.72%, S&P 500 - 0.69% NASDAQ - 0.64%.
The Dow Jones dropped 0.72%, the S&P 500 dropped 0.69%, the NASDAQ fell 0.64%. Trading started out higher, but
trading started with growth, but then shifted to decline, the pace of which increased
The trading started with growth, but later shifted to decline, the pace of which intensified closer to the closing. The pressure on the indices was put by the
investors about the slowdown in the U.S. economy
and the rapid growth of oil prices.
The latter has been rising sharply lately on the back of a sharp rise in gas prices. The latter has been rising rapidly in recent times on the back of a sharp rise in gas prices.
The latter has been rising sharply recently on the back of sharply rising gas prices;
This morning the grade was trading at $80.67, having gained 0.19%.
Brent also closed yesterday at its highest level in three years, at $83.65, and is trading at $83.91 this morning.
In the U.S., the rise in inflation was longer than
expected. At the same time, there was a slowdown in the pace
of the country's economic recovery after a lockdown due to the
coronavirus.