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US exchanges are falling as part of the correction after a prolonged rise


November, 30 2020
watermark Economic news

Major US stock indices are declining on Monday in a correction, while remaining on track for their highest monthly gain since April.


The Dow Jones Industrial Average fell 0.93% to 29,633.02 points, the NASDAQ high-tech companies index – 0.05%, to 12,205.85 points, the S&P 500 broad market index – 0.59%, to 3,616.91 pips.


The main factor influencing investor sentiment was news about vaccines. Since early November, Pfizer, Moderna and AstraZeneca have reported successful trials of their vaccine samples with high efficacy. In addition, the positive dynamics in the US markets in November was also caused by a decrease in political uncertainty after the presidential elections.


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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.