Trading on stock exchanges in the United States opened with a decline in key indices

Dow down 1.40%, S&P 500 down 1.46%.

Trading in the United States on Wednesday opened with a decline in the main indexes by 1.4%, according to data on the website of the New York Stock Exchange.

In the first minutes after the start of the trading session, the US industrial index Dow Jones fell by 477.47 points (1.40%), to 33,583.19 points. The S&P 500 index fell 60.14 points (1.46%) to 4,067.69 points. The Nasdaq electronic exchange index lost 194.22 points (1.47%) to 13,023.46 points.

According to experts, investors are currently worried about inflation, as well as the situation with the spread of a new type of coronavirus in some countries. In addition, players do not want to invest actively before the publication of the minutes of the meeting of the US Federal Reserve System (FRS), which serves as the country’s central bank. The results of the Fed’s meeting are expected to be released later on Wednesday.

“The debate about whether inflation will be temporary or permanent may not end for a long time and will cause alarm in the markets during the summer,” Bloomberg quotes analysis by strategists at Barclays bank. WTI crude oil fell in price. The price of energy supplies in June decreased by $2.43 (3.66%), to $62.90.

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Author: Steve Cowan
Graduated From Princeton University. He has been at the Free Press since October 2014. Previously worked as a regional entertainment editor.
Function: Chief-Editor
Steve Cowan

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