US stock markets declined on Tuesday. At the end of trading in New York, the Dow was calculated at 40,829 points, a decrease of 1.0 percent compared to the previous trading day. The broader S&P 500 was down 0.8 percent at approximately 5,605 points and the Nasdaq 100 on the technology stock exchange was down 0.9 percent at around 19,790 points. Uncertainty over the chaotic trade policy of the US government and weak or underwhelming quarterly earnings weighed on investors. Software company Palantir, for example, saw its shares drop by over 10 percent. Meanwhile, oil prices rose sharply, with a barrel of North Sea crude priced at 62.13 US dollars at around 10:22 PM German time on Tuesday evening, an increase of 3.2 percent from the previous trading day’s close. Many investors had seen the recent decline below the 60-dollar mark as a buying opportunity. The euro was stronger on Tuesday evening, with one euro costing 1.1373 US dollars and one dollar equivalent to 0.8793 euros. The price of gold also saw significant gains, with a price of 3,424 US dollars per fine ounce at the evening, an increase of 2.8 percent. This is equivalent to a price of 96.80 euros per gram.
A Crisis in the Market?
