Tuesday , January 31 2023

Stock markets are traded backwards, as Mnuchy is moving to invest


On Monday, the US Financial Stevie Steven Mnuchin was under pressure from the CEO of six major banks.

In the subtle trade on Christmas Eve, Dow Jones Industrial Average was more than 400 or more than twice as high as 15,000 for the first time in 15 months, rising below 22,000.

The larger S & P 500 technology-oriented Nasdaq, at 6,247, has also dropped by almost a decline of 2,398.

Canadian and US markets are close to 01:00. ET will be celebrated on Monday.

When investors worry about the growth prospects in the midst of an increasing global trade war, US stock markets have spent the worst month in a decade. Do not be afraid, Mnuchini called for senior managers in the US to have enough money to finance all normal transactions.

This movement was intended to calm investors' concerns, but had an adverse effect.

"Steve Mnuchin's meeting with decision-makers will not provide a great surprise," said Chris Beauchamp, chief market analyst at IG.

"Mnuchin is worried about his job, but everyone is worried about it."

The Christmas tree decorates a broken Christmas with the New York Stock Exchange logo. US shareholders have set off for the worst of the decade. (Mike Segar / Reuters)

"Mnuchin tried to control some of the damage," said Win Thin, Global Strategy Manager, Brown Brothers Harriman, pointing out that the move is possible.

"Yes, the markets are worried about the recession, [but] But by the end of this week, markets are not related to liquidity or clearing issues. The last thing that is needed on the edge of the markets is another issue that worries you, "he said.

It's not just a stock pick up recently. Oil fell to $ 44.55 per barrel on Monday. After falling to $ 75 per barrel in October, the US oil indicator, West Texas Intermediate, has dropped dramatically on growth concerns.

The TSX is bad news for the TSX for more than two years, the lowest level of oil for Monday, Monday, at 13,875, 60 points a day. The lowest Canadian confidence index indices since the summer of 2016 are sold.

Selloff was not limited to North America. France's CAC 40, decreased by 1.5 percent to 4,626.39, the UK's leading English share FTSE 100 index was 0.56 percent, which was 6.685.99 percent. German DAX company closed

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