Stock indices on Wednesday closed in the minus

US stock indexes completed environmental tenders with a decrease, since the return on treasury bonds exceeded the psychologically important level of 3%, and oil prices jumped, increasing fears about inflation and future interest rates. The main indicators were lost in the region of 0.7-1.0%. The decline was wide, but the main losers were cyclic sectors.

Intel Corp shares fell by 5% after Citi Research said that the processor manufacturer can announce the weaker income for 2 quarters.

other chips also sank. The transport sector lost 3.8% due to fears regarding the increase in fuel prices. In a small plus, only the energy sector closed.

Leave a Reply