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Business / Finance

The U.S. stock market may be a little drop after rapid growth

Forex Club 08.11.2018 at 12:12

The US Stock market at the opening on Thursday might be corrected down after the rapid growth on the eve associated with political events in the country.

the Major U.S. stock indexes on Wednesday gained more than 2% amid positive investor reaction to the results of the midterm elections in the U.S. Congress. Democrats won control of the U.S. house of representatives, but Republicans retained it in the Senate. Market participants believe that now the American President Donald Trump will be difficult to implement their initiatives, including in the sphere of trade.

the Asian stock exchange on Thursday showed growth in the major indexes on 0,3-0,7%. The exceptions are a Chinese trading platform where investors fear a further escalation of the trade conflict with the United States.

the Main stock indexes in Europe on Thursday increase in the range of 0.4%. In addition, the support of the European stock indicators showed the strong financial statements of the largest banks in the region.

the World prices for oil on Thursday have moved to growth amid record oil imports by China. This figure rose in October by 32% to 9.61 million barrels per day. The futures on the U.S. indices on Thursday are reduced by 0.2-0.5 percent.

Market, USA, dollar, oil, ruble, Forex club

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