The major stock indexes in the United States are starting off on a negative note due to fears surrounding the central bank’s aggressive policies and reduced economic growth. The most significant dips are occurring in the NASDAQ index, which could end its eight-week trend of closing at higher levels. Similarly, the S&P’s five-week trend and the Dow’s three-week upward trend are also expected to end soon.
A current glimpse of the market reveals:
The Russell 2000, which is a stock index with small market capitalization, has also undergone a significant decline. Currently, it has dropped by -22.75 points or -1.24% and stands at 1825.27.
Although yields have significantly decreased in the debt market in the US, this has not contributed to an overall positive atmosphere in the equity markets.
An examination of other markets indicates:
