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Indices declined in the US

In the US, indices declined. The indices in the country started the day with a decline after the record shrinkage of 32.9 percent in the second quarter of 2020.

Indices declined in the US
Yazar: Elif Dinçer

Yayınlanma: 30 Temmuz 2020 23:24

Güncellenme: 19 Kasım 2024 13:03

In the US, indices declined. The indices in the country started the day with a decline after the record shrinkage of 32.9 percent in the second quarter of 2020. At its opening on Thursday, the Dow Jones index fell more than 270 points and traded at 26,265.35 points, with a decline of 1.03 percent. S&P 500 index started to be traded with a decrease of 1.08 percent from 3.223.10 points and the Nasdaq index decreased by 0.85 percent from 10.453.61 points. In the US stock market, indices followed a negative course following the gross domestic product data, which experienced the highest depreciation between April and June. With the negative impact of the coronavirus epidemic in many ways, the American economy contracted by a record shrinkage by 32.9 percent in the second quarter of this year. In addition, the number of people demanding unemployment benefits for the first time after the normalization process in the USA continued to increase. Accordingly, the number of people who applied for unemployment benefits for the first time in the country rose by 1 thousand 434 thousand in the week ending July 25, compared to the previous week.
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