Wall Street declined, gold continued to rise

The main U.S. stock indices on Thursday continued to fall for the third day in a row. At closing, Dow Jones lost 0.75%, S&P 500 - 0.85%, Nasdaq - 0.96%. The decline began on Tuesday, when the data on retail sales in the States were released - stronger than expected results increased investor concern about the future interest rate policy of the Federal Reserve, reports profinance.ru.

Against the backdrop of pessimistic sentiment, the yield on 10-year bonds reached the maximum since 2007 - in the moment it came close to 5%. Experts note that the collapse in the market tregeris may continue - according to senior rate strategist at Rabobank Lyn Graham-Taylor, investor interest in them is falling due to the uncertainty of the prospects for consumer prices in the country.

Meanwhile, gold continues to rise in price amid the Middle East conflict. For 10 days it has added almost $150, having overcome the mark of $1990. In case of further escalation of tension in the region, the demand for it, as well as for other assets-shelters, will continue to grow, predict experts quoted by RBC.