Shares of high-tech US companies have experienced the worst day since 2011 of the year
In the US, according to the results of Wednesday, the main stock indices fell, according to the data of the trades. The reason for this was the increase in the yield of US government bonds.
In the greatest minus - the index of high-tech stock exchange Nasdaq 100, which unites 100 quotes of the largest companies trading on this site. By the end of the trading session, the decline was 4,44% (327,12 points). Following him comes the general Nasdaq index with a negative value in 4,08% (drop by 315,97 points), writes RBC.
Other stock indices also went negative - the S&P 500 fell to 2785,68 points (minus 3,29%), the Dow Jones industrial companies index decreased by 3,15%.
As notes Bloomberg, the decline reached record levels. So, the five-day fall of the S&P 500 was the longest since November 2016 and the victory of Donald Trump in the elections. The Dow Jones, on the other hand, last hit similar declines in February 2018.
According to Bloomberg, the reason for a significant reduction was the fear of the consequences of a trade war with China. Another factor was the increase in the yield of US Treasury bonds, which caused the withdrawal of investors' funds from the stock exchange.
The recession, albeit a smaller one, was also characteristic of shares of Russian companies on Wednesday. Index Mosbirzhi at the close of trading, he lost 1,07%, the RTS index lost 1,39%. Thus, both indexes reached the lowest level since the beginning of the month.
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