US exchanges went into negative territory amid deteriorating situation with coronavirus
US stocks fell on Wednesday - by the end of the day Dow Jones lost 0.35%, S & amp; P 500 0.79%, NASDAQ 1.94%. On the previous the trading session, on the contrary, the indices closed at record levels. The previously reigning optimism on the stock exchanges was supported by the currently negotiating measures to stimulate the economy USA - investors are optimistic about the chances of its approval. On Tuesday, the US government put forward a proposal to approve a package in the amount of $ 916 billion. According to J. P. Morgan analyst Hugh Gimber, whose opinion is quoted by Reuters, due to the deterioration the pandemic requires urgent economic support, and market players are counting on the fact that now, after the elections, the package help will be agreed more quickly. Negative dynamics on Wednesday is due to an increase in the number of diseases of the coronavirus, against the background of which in the United States and other countries are tightening quarantine restrictions.