The US stock market at the opening of the fall

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Trading on the U.S. stock market can start in negative territory on the background of the negative reaction of investors on the financial statements of U.S. companies and weak statistics.
The major stock indexes of USA at the end of trading Thursday decreased by an average of 0.5%.
The number of initial claims for unemployment benefits in the U.S. last week fell by 1 thousand and $ 232 thousand, against forecasts for a decline of 3 thousand. Statistics were worse than expected, which caused a negative reaction of market participants.
Asian markets Friday closed trading in the negative region, Japan’s Nikkei 225 fell 0.13%, the Chinese Shanghai Composite – on 1,47%. Futures for US stocks on Friday cheaper within 0.2 %.
World oil prices are slightly reduced compared to the record levels Thursday – to the level of 73.3 per barrel of Brent. On Friday it became known that OPEC+ in June might revise the quota countries, if appropriate.
European stocks on Friday traded mixed. The Euro/dollar is at the level of 1,2309 dollar.
Against the background of these external signals, you can expect the opening of trading on the U.S. stock market in negative territory, but, judging by dynamics of futures for U.S. indices, it will be negligible.
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Ivan Marchena,
Analyst
GK Forex Club