Stocks continued to fall on the American sessionm, Why?
2022.11.21 06:15
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Stocks continued to fall on the American sessionm, Why?
Budrigannews.com – US stocks declined on Monday due to the coronavirus outbreak in China, and Disney shares rose because investors expected the unexpected return of Bob Iger to the position of chief vice president.
NYSE: Co shares rose 8.1 percent on the market because George Iger’s return less than a year after his retirement coincided with the entertainment agency’s desire to increase investor confidence and increase the profits of the streaming media division.
Chinese stocks are listed in the US, including JD NaSDAQ:.COM and Alibaba NYSE:. The groups were reduced by about 5.2 and 2 respectively due to the latest wave of SARS-19 cases, which was evidence that China decided to adhere to new changes in the zero-incidence policy of SARS.
Attention is being paid to the US Federal Reserve’s November minutes published on Wednesday after some officials confirmed the Central Bank’s promise to continue tightening credit policy until inflation is controlled, which on Friday partially triggered a decline in the three main indices.
Traders believe that the key rate will rise by 75 basis points at the December Fed policy conference, and the rate peak is expected in June.
At 5:22 a.m. Eastern time decreased by 92 points or 0.27, decreased by 22 points or 0.55, decreased by 86.75 points or 0.74.
