The world stock exchanges yesterday were pessimistic - major US and European stock indexes closed with a drop, oil prices fell by 4 - 5%.

Pressure on U.S. indices, in addition to Wednesday's inflation data, had weak labor market statistics, which did not coincide with analysts' forecasts. Initial jobless claims rose to 244,000 last week, 9,000 more than a week earlier. The expected estimation was 235 thousand. Besides, the banks Morgan Stanley and JPMorgan had presented the weak financial results for the second quarter. On this background Dow Jones lost 0.46%, S&P 500 lost 0.46%, NASDAQ grew by 0.032%.

On the European stock exchanges the investors were reeling from the news about the new inflation record in the U.S. yesterday. DAX index (Germany) was down 2.10%, FTSE 100 UK - 1.41%, CAC 40 France - 1.71%. Asian stock exchanges closed mostly in decline.

During yesterday's trading session the price of Brent crude oil fell below $95 per barrel for the first time in nearly six months, and then corrected. This price level was last seen in February.