Most market participants expect a rapid economic recovery early next year.
Key indexes on the New York stock exchange fell on Tuesday with the opening of the session.
According to the trading platform website, the Dow Jones industrial average fell by 262.18 points (-0.87%) to 29689,26. The S&P 500 Index, which includes shares of the 500 largest companies in the US market, fell by 20.53 points (-0.57%) to 3606,38. The NASDAQ e-exchange index fell 0.29 points (0.00%) and remained at 11923,84.
The price of December futures for WTI crude oil fell by 0.97% to $40.94 per barrel. Gold futures fell 0.08% to $ 1,886. 20 a Troy ounce.
After the market rally on Monday, investors decided to take a break, the Wall Street Journal noted, commenting on the session’s beginning. At the same time, most market participants expect a rapid economic recovery at the beginning of next year. “There are opportunities for this. You just need to use them correctly,” the newspaper quoted Commerzbank expert Peter Dixon as saying. “At the same time, you should always remember that after a flash of enthusiasm from market participants, there is a pause.”