Terrible start of US trading Dow fell 203 points

Terrible start of US trading: Dow fell 203 points, Nasdaq – 1.21%

American Stock Exchange
reduced after opening on fears
slowdown of China’s economy and on strong
dollar. US stock indexes sharply
falling as investors continue
to deal with the prospect of the nearest
Fed raising rates. In addition to this on
indexes presses is not strong enough
Dollar and the resumption of oil fall
quotations.

Shortly after the opening,
to 17:00 MSK, on ​​Wall Street, the Dow
Jones, S P 500 and Nasdaq Composite fell each
about 0,9% – Dow lost 203 points.

Weakness in the European
stock markets, which was a sharp
decline of the euro against the dollar,
as noted, also provides pressure
on the US markets. French CAC
40 decreased by 1.3%, German DAX – by 1.5%, in the
while Britain’s FTSE 100 – by 1.6%.

The euro reached a 12-year-old
low against the dollar, falling
to the level of 1,073 euros to the dollar. A fall
value of the euro continues after
run government bond purchase program
European Central Bank
Monday.

Why? American
multinationals who
the majority of businesses in Europe are
less competitive because
the price of US goods become
expensive. If big American
the company will sell fewer goods
abroad, this will be another negative
factor for the US stock market.

"Concerns about
rising dollar and falling oil
pressed the action"- says financial
Manager Louis Naveler its customers.

Strong reports
employment in the United States, published in
Friday, still affect mood
investors, says Wall Street. And Federal
Fed may change its
schedule to raise interest
rates sooner. Wall Street now expects
that the Fed will raise rates as early as
June, more than three months before the
going. Lower rates, of course,
It cited as one of the principal
driving forces of the bull market, which
It began six years ago, in March 2009.

Asian stock
markets are now also started to sink – Nikkei
in Japan it fell by 0.7% and Hong Kong
Hang Seng fell 0.9%.

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