The US stock market is experiencing panic amid the renewed trade war with China and threats of new restrictions on technology exports.
The S&P 500 index declined despite strong corporate earnings, underscoring the adverse effect of political uncertainty and inflation expectations.
Analysts warn that further escalation of the conflict could lead to a decline in corporate profits and increased short-term volatility.
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US stock indices extended losses: the S&P 500 fell by 0.53%, and the Nasdaq 100 lost 0.91%.
At the same time, European markets are showing gains thanks to strong corporate earnings and improving business sentiment.
The rise in oil prices, triggered by US sanctions against Russian producers, is adding pressure on the US market and may influence inflation forecasts.
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