Free fall of stocks on US Wall Street

In last night’s trading, the issue of a possible Russian attack on Ukraine and concerns about the US Federal Reserve’s actions in implementing contractionary monetary policies led to a relatively heavy decline in stock indices on the Wall Street Stock Exchange. Let’s be.

The situation is such that the Nasdaq index is reaching a range that, if touched, will send a sell signal. The S & P500 is still 9.9% lower than at the beginning of this month, although it is a little far from the lows. If this figure reaches 10% or more, it means that the market is improving. Overall, the Dow Jones industrial average fell 1.81, the S & P500 1.92, close to 1.73 last night. The dollar index also rose 0.24 percent. The Nasdaq index reached its peak in November 2021.

According to Sputnik, one of the factors that has negatively affected US stock exchanges in particular is the prospect of the US Federal Reserve taking action to implement contractionary monetary policy as soon as possible and raise interest rates in this country.

On Monday, European stocks fell an average of 3 percent, with the German stock market falling 3 percent and the French stock exchange losing just over 3 percent. Both exchanges started the day with sales queues. The Swiss stock exchange also fell 2.94% in yesterday’s trading and the London stock exchange fell 2.27%.

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