The main indicators of Wall Street declined at the beginning of Thursday’s trading, as the comprehensive customs duties imposed by US President Donald Trump on major commercial partners raised fears of a comprehensive trade war and increased the risk of global economic recession.
Al -Jazeera Correspondent in New Yok Bisan Abu Kwik stated that when the American markets opened a remarkable decline, and said that the Dow Jones index decreased 2.8%, and the Standard & Poor’s index decreased by 3.3%, while the largest decrease was the Nasdaq index by 4.4%, noting that these percentages change with continued trading.
She added that there is a decrease in the price of the US dollar, the investor resorting to buying the Swiss franc and Japanese yen, and buying government bonds because they are safer in their opinion.
American market indicators decreased at 9:30 local time as follows:
- The Dow Jones Industrial Index decreased 1111.20 points, or 2.66% to 41103.63 points.
- The Standard & Poor’s 500 is 188.27 points, or 3.32%, to 5482.70 points.
- The Nasdaq Synod index is 789.63 points, or 4.50%, to 16811.42 points.
European markets
In the latest transactions, European stock indicators reached these levels:
- The British 100 index fell 1.46% to 8483 points.
- The German DAX index fell 2.79% to 21.774 points.
- The French CAC 40 index fell 3.05% to 7619 points.
- The Italian Fotsi MIP index fell 3.17% to 13212 points.
- The Spanish EPEX 35 index fell 1.05% to 13210 points.
- The European Stoxx 600 index fell 2.46% to 523.72 points.
Asian stocks
- The Japanese Nikki index closed 2.8%, recording 34735.93 points.
- The Hanging Hong Kong index fell 1.52% to 22849.81 points.
- The Chinese Shanghai Index fell 0.24% to 3342.01.
- The Indian Sansix Index lost 0.42% to 76295.36 points.
- The Singapore index fell 0.30% to 3942.23 points.
