US stock markets declined, with the Dow Jones Industrial Average falling by 1.56% to 46,677.85 points, the S&P 500 index dropping by 1.52% to 6,672.62 points, and the NYSE Composite index decreasing by 1.64% to 22,118.7 points, APA-Economics reports, citing stock exchange data.
The technology-heavy Nasdaq Composite index fell by 1.78% to 22,311.98 points. Canada’s S&P/TSX Composite index also declined by 0.84% to 32,840.6 points.
In Europe, the Euro Stoxx 50 index dropped by 0.79% to 5,748.89 points. The UK’s main index, FTSE 100, fell by 0.47% to 10,305.15 points. Germany’s DAX index decreased by 0.21% to 23,589.65 points. France’s CAC 40 index declined by 0.71% to 7,984.44 points, while Spain’s IBEX 35 index fell by 1.22% to 17,139.90 points.
Negative dynamics were also observed in the Asia-Pacific region. Japan’s Nikkei 225 index dropped by 1.38% to 53,701.26 points, while the TOPIX index fell by 0.74% to 3,622.67 points. Hong Kong’s Hang Seng Index declined by 0.48% to 25,593.25 points. One of China’s key indicators, the CSI 300 index, edged down by 0.02% to 4,686.51 points, while Australia’s S&P/ASX 200 index fell by 0.11% to 8,619.80 points.
According to analysts, the negative dynamics observed in global stock markets are mainly related to investors taking a cautious stance amid uncertainty regarding monetary policy, expectations that leading central banks will keep interest rates at high levels for a prolonged period, as well as increasing risks related to global economic growth. At the same time, increased selling in the technology sector and investors shifting from risky assets to safer instruments have also contributed to the decline in the indices.
