The picture shows the New York Stock Exchange (NYSE) on Wall Street in New York
According to Fox News , U.S. stocks fell sharply on Monday as investors weighed the possibility of more coronavirus lockdowns in Europe and the uncertainty of the US election.
Due to the intensification of selling, the Dow Jones industrial stock average price index fell more than 900 points in the early trading, a drop of 2.9%; the S&P 500 fell 2.5%; and the Nasdaq Composite Index fell 1.9%.
, the large technology stock , which dominates the market, is still under pressure, with the average index of major tech stocks falling for the fourth consecutive week.
report pointed out that there are more than six weeks left before U.S. presidential election day, and investors are preparing to face a fierce battle between the Democrats and Republicans. The debate over who will become the next Supreme Court justice after Ruth Bard Ginsburg’s death on Friday will only exacerbate political tensions before the U.S. election and may postpone new economic stimulus plans.
In addition, it is reported that British Prime Minister Johnson is considering taking further blockade measures in the face of a new round of COVID-19 outbreak in the UK as a "(infection) circuit breaker." Other European countries are said to be considering new restrictions as well.
In other transactions, the stock prices of major banks such as Citigroup , Goldman Sachs and JPMorgan Chase fell. It was previously reported that these companies have participated in the transfer of a large amount of suspected illegal funds in the past 20 years. In terms of commodity
Commodity , West Texas Intermediate crude oil fell $1.29 to $39.82 per barrel, and gold fell $41.20 to $1,920.90 per ounce.
(Editor: WDQ)
