Yesterday, a decline was observed in the US and European stock markets, APA-Economics reports.
On July 15, the main indices in the US stock markets closed with a decline.
Thus, the Dow Jones index decreased by 0.98% to 44,023.29 points, and the S&P 500 index decreased by 0.40% to 6,243.76 points. The NYSE Composite index decreased by 1.01% to 20,374.38 points. The S&P/TSX Composite index decreased by 0.53% to 27,054.14 points. The only increase was recorded in the Nasdaq Composite index - the index increased by 0.18% to 20,677.80 points.
European stock markets also fell. The Euro Stoxx 50 index fell 0.31% to 5,354.17 points, the FTSE 100 index fell 0.66% to 8,938.32 points, the DAX index fell 0.42% to 24,060.29 points, and the CAC 40 index fell 0.54% to 7,766.21 points. Spain's IBEX 35 index suffered its biggest loss of the day, falling 1.15% to 13,874.70 points.
In world markets, the euro rose 0.15% to $1.1618 against the dollar.
Analysts believe that the market decline is due to expectations of a slowdown in economic growth in the United States, a flattening of the yield curve and concerns about the earnings forecasts of large technology companies. At the same time, uncertainty about inflation indicators and interest rate policy in European markets is also weakening investors' risk appetite.
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