BREAKING: US Market Plunge Ahead – Waiting for Economic Miracle!

BREAKING: US Market Plunge Ahead - Waiting for Economic Miracle!

US stock markets declined on Monday. At the end of trading in New York, the Dow was calculated at 44,401.93 points, a minus of 0.54% compared to the previous trading day.

Just minutes earlier, the broader S&P 500 was around 6,050 points, a minus of 0.6%, and the technology exchange Nasdaq calculated the Nasdaq 100 at around 21,420 points, a minus of 0.8%.

Market observers noted that investors held back on Monday due to some upcoming economic data. The demand for tech values also subsided.

The European common currency was slightly weaker on Monday evening: one euro cost 1.0554 US dollars, and one dollar was accordingly worth 0.9475 euros.

The gold price was able to benefit, with $2,659 paid for an ounce in the evening (+1%), equivalent to a price of €81.00 per gram.

Oil prices, on the other hand, rose significantly: a barrel of North Sea Brent cost around $71.92 at 22:00 German time on Monday, an increase of 80 cents or 1.1% from the close of the previous trading day.