The U.S. stock exchanges closed with a 2-3% drop
The leading US stock indices concluded yesterday's session in negative zone. Dow Jones lost 1.92%, S&P 500 lost 2.37%, NASDAQ - 3.02%. Investors prefer to be cautious in conditions of uncertainty of economic development prospects. In particular, the negative sentiment has increased due to the threat of the emergence of a second wave of coronavirus and the growth of new ones Infections in different countries. Also, the situation with the new a support package, which is still under discussion in White House. Investors began to lose faith that he would eventually be agreed upon. In addition, players have become more skeptical about the shares technology companies - they have doubts that their the cost is estimated adequately. Yesterday, the sales continued securities - despite the fact that investors in general are positive are evaluating the prospects of the technology sector, now these shares seem overrated because of the rally that started after the cancellation quarantine restrictions.