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- Major US stock indexes finished trading on negative territory
Major US stock indexes finished trading on negative territory
The major stock indexes of the US ended the session on negative territory amid a fall in the share of consumer goods producers, and as energy companies suffered from a drop in oil prices after President Donald Trump criticized OPEC for artificially high prices.
Recall Trump wrote in his Twitter: "It seems that OPEC has again taken on its own." Despite the record oil reserves around the world, including sea tankers packed to the brim with black gold, oil prices are INCREDIBLY high! It's wrong and unacceptable! ". Trump's tweets were published after representatives of the leading oil-producing countries at a meeting in Saudi Arabia confirmed their determination to keep production restrictions.
Most components of the DOW index recorded a decline (24 out of 30). Outsider were the shares of Apple Inc. (AAPL, -4.02%). The leader of growth was shares of General Electric Company (GE, + 3.93%) ..
Almost all sectors of S & P finished trading in the red. The largest decrease was shown by the consumer goods sector (-1.7%). Only the conglomerate sector grew (+ 1.1%).
At closing:
Dow -0.82% 24.462.94 -201.95
Nasdaq -1.27% 7,146.13 -91.93
S & P-0.85% 2,670.14 -22.99
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