A sharp decline in US stocks at the end of the week’s trading

US stock indices closed the trading session Friday, June 10, 2022, sharply lower, for the second day in a row, after data showed inflation accelerating in the United States to the highest level in 41 years, in addition to Barclays expecting the Federal Reserve to raise the interest rate by 75 points. basis at the mid-June meeting.

American indices in the session Friday, June 10, 2022

The “Dow Jones” industrial index declined by a significant rate of about 2.7%, or the equivalent of 880 points, at the level of 31,392 points, to end its weekly trading, down by 4.6%.

The broader “Standard & Poor’s 500” index also fell by 2.9%, or 117 points, to record 3900 points.

The Nasdaq index fell by 3.5%, or 414 points, at the level of 11,340 points.

The performance of US stocks in the session Friday, June 10, 2022

Technology shares in particular suffered sharp losses today, as the “Apple” share fell by 3.9%, and the “Microsoft” share lost about 4.5% of its value.

Read also.. Wall Street ends a difficult week with the largest losses since January

European and Japanese stocks in the session Friday, June 10, 2022

With regard to European markets, during the session Friday, June 10, 2022, the European “Stoxx 600” index fell by 2.6%, or the equivalent of 12 points, at the level of 422 points, and the French “CAC” index fell by 2.7%, or the equivalent of 171 points, to record the level of 6,187. a point.

The German “DAX” index fell by 3.08% by about 437 points at 437 points, and the British “FTSE 100” index fell by 2.1% by about 159 points, recording the level of 7,317 points.

In Japan, the “Nikkei” index fell by 1.5%, recording the level of 27,824 points, and the broader “TOPIX” index fell by 1.3%, to the level of 1943 points.

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