The American exchange market is now in correction.
Today's negative moods in the market are mainly due to the effects of block sale by Archegos Capital Management.
As at 7:15 p.m. (MSK), S&P500 index lost 0.6%, Dow Jones went down about 0.3%, and NASDAQ technology index dropped 1.1%.
American stock market opens the week with a slight decline in all indexes.
Such correction after two days of fairly good growth last Thursday and Friday is reasonable. The earnings season is about to end, and investors are going to focus on growing inflation again.
Today, American stock indexes have been growing for the second day in a row.
Officials somewhat relieved market’s concerns about growing inflation expectations. Besides, another portion of macroeconomic statistics data is in focus today.