Investors and world financial markets are showing their fears of the recession. Global stock markets showed the biggest weekly decline in two years.
On a weekly basis. The DJ index was downed by 4.8%, S&P was downed by 5.8% and NASDAQ was downed by 4.8% this week.
Today, US stock exchanges recorded a huge trade volume, 17.7 billion shares. The last 20 days’ average traded volume was 12.4 billion shares.
DJ index was downed 0.1% but S&P 500 index was up 0.2% and the NASDAQ index was up 1.4%.
Apple was up 1.2%, MS was up 1.1%, Amazon was up 2.5% and Tesla was up 1.7%.
So, it was a better Friday ending than expected after all.
US dollar index was up 0.98%, ending at 104.65. The recent strong US dollar is pulling down the commodity prices a lot. Crude oil would be the best example for now. Brent oil futures fell 5.6% today, ending at $113.12 per barrel.
