Analytical Reviews

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

The Wall Street is slightly recovering after a record fall


September, 21 2021
watermark Economic news

Yesterday's trading day ended with a sharp drop in the US stock market: the decline in the S&P 500 and Nasdaq indices was the highest since May (4,305. 91 points and 14,530. 1 points, respectively). All 11 major industry subindexes of the S&P 500 also finished trading in the red. Today, the indices managed to recover somewhat: the current value of the S&P 500 is 4,357. 73, Nasdaq – 14,713. 9 points.


This drop can be explained by the fact that investors are leaving stocks amid concerns that a possible default of the Chinese developer Evergrande could have a very negative impact on other sectors of the economy.


Additional pressure on the indices is exerted by the expectation of the results of the US Federal Reserve meeting, at which the Central Bank can prepare the ground for curtailing incentives. Experts believe that the S&P 500 index can face a correction of 10% when the Federal Reserve begins to curtail monetary incentives. And signs of a slowdown in economic growth may increase the pullback to 20%.


Investors' concerns are visible not only in the decline of the stock market. It is worth noting that the CBOE volatility index, which is also called the «Wall Street fear index», rose to 25.7 points.


コメントする

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.
Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.