On Friday, the screen indicators of the American stock exchange were painted red in connection with the decline of key indicators on Wall Street.
Experts note that the reason for the decline was the drop in investor confidence due to the influence of the Delta variant of the coronavirus on the global economy. This provoked an increase in demand for safe assets, such as government bonds.
"The trend towards sales is observed over the prolonged several days due to the disturbing trend related to the Delta variant," one of the financial analysts reported.
As a result of trading, the Dow Jones industrial average fell by several hundred points, the S&P 500 decreased by more than 0.7%, and the Nasdaq Composite dropped by about 1%.
Experts emphasize that investors also expect data from the Federal Reserve regarding its monetary policy.
