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Nervous day for US stock markets

The three major US stock indexes fell on Wednesday by more than 1%.

18.May.17 12:40 PM
By Christina Orlina


Nervous day for US stock markets

One of the key reasons was the statement of the former head of the FBI James Komi, Donald Trump demanded to stop the investigation against his former assistant Michael Flynn. Against this background, concerns have been raised whether the US President promised to carry out tax reform and to simplify Bank regulation.

“There is some concern about how the US government will carry out its work, given the increasing pressure on Donald Trump in the United States. He commits one mistake after another. So investors are concerned that the promises made by trump, which had not yet been implemented, may never be done because the current President will not remain in power long enough,” says stock analyst Oliver Roth.

The dollar index also dropped to the lowest level in six months. Similar figures were only November 9 – the day after the US election. Against this background, gold prices, on the contrary, went up, showing maximum results in two weeks. According to experts, so investors tend to avoid additional risks.

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