The main indexes fell according to the results of the auction of April 11
Wall Street indexes closed on April 11 with a sharp decline, since investors began abbreviated due to holidays week without a desire to risk. The growing yield of bonds had pressure on growth shares on the eve of the exit of important inflation data. All three main stock indexes of the United States closed deeply in a negative area, while the shares of technological and related companies have reduced the NASDAQ index at once by 2.2%.
“For the last month or two there were two reasons for sales,” said Peter Ace, President Chase Investment Counsel. – This is a growing yield of bonds, which primarily affects technological and other growth shares, as well as expectations of the economic downturn, which affect the manufacturers of energy carriers and various materials. Today we have both of these reasons. “