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Monday, 23 July 2018

Decline for US indices

US indices ended last week on a negative territory, dragging the Asian indexes on their last trading day for the week. The broad US S&P 500 declined by 0.4%, while the Dow Jones blue chip index lost 134.79 points, or 0.53%. Technological Nasdaq was the least loss - 0.37%.
Otherwise, Japan's Nikkei 225 lost 0.66% of its value, and the South Korean crude fell 0.2%. The Hong Kong Main Index recorded a loss of 0.5% several hours before closing the market.
Investors continue to worry about the decline of the yuan against the US dollar. The Chinese currency reached 6.8106 yuan per dollar, with the psychological limit of 6.8 being exceeded for the first time in more than a year.


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