Market updates and forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

US stock indexes decline amid investors' withdrawal from risk


September, 01 2022
watermark Economic news

The main US stock indexes are noticeably declining on Thursday amid a reduction in investor appetite for risky assets.


In particular, the Dow Jones Industrial Index (DJIA) decreased by 0.72% to 31.283.51 points, the NASDAQ index of high–tech companies - by 1.41% to 11.565.94 points, the S&P 500 broad market index – by 0.76% to 3.914.64 points.


Traders continue to refrain from buying risky assets amid existing concerns about the prospects for the global economy. Tomorrow we should pay attention to an important report on the labor market in the USA Non-Farm Payrolls, which will be able to influence the further dynamics of the market. 


Analysts believe that unemployment in the country remained at the July level of 3.5%, and the number of people employed in non-agricultural sectors of the economy increased by 300 thousand. It is worth noting that the report again carries risks for stocks, because if it is good, it will increase the prospects for further rate hikes by the US Federal Reserve.


Feedback

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.