American stock market crashed

Major US stock indexes collapse due to the spread of a new strain of coronavirus

Major US stock market indexes collapse on Friday, November 26 Against the backdrop of the spread of the new strain of coronavirus B.1.1.529, which was first detected in South Africa, trading data show.

The Nasdaq Composite Index, calculated on the quotations of high-tech companies, at the opening of trading dropped to 15,661.6 points (minus 1.16 percent). The Dow Jones Industrial Average lost 2.38 percent to 34,955.60 points. The S&P 500, which includes the 500 largest-cap US companies, was 4,627.93 points (minus 1.57 percent). Later, all the indices won back their positions slightly.

Earlier, at the opening of the main trading session, the main indices of the Russian stock market collapsed. At 17:45 Moscow time, the Moscow Exchange index was 3838.97 points (minus 2.76 percent), the RTS index – 1602.11 points (minus 3.82 percent).

World stock markets also collapsed. In early trading, the Japanese Nikkei 225 lost 2.53 percent, the Chinese SSE Composite lost 0.56 percent, and the South Korean KOSPI 1.47 percent. The main European stock index Euro Stoxx 50 fell 3.66 percent, the French CAC 40 fell 4.8 percent, the British FTSE 100 fell 3.44 percent, the German DAX fell 3.04 percent, and the Italian FTSE MIB fell 3 percent. , 28 percent.

Oil prices continued to fall. Brent crude oil fell in price to $ 76.58 per barrel (minus 6.86 percent), WTI crude – to $ 72.23 (minus 7.86 percent). In addition to the general fears of investors due to the spread of the B.1.1.529 strain and the expectation of new lockdowns, the oil quotes are under pressure from the news that some countries, including the United States, China, India and Japan, are planning to use their strategic oil reserves to reduce cost.



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