July 13, 2022 – 07:26
The Dow closed down 192.51 points, while WTI oil fell 7.9 percent, Brent fell $100 a barrel, gold was lower.
The Dow Jones Industrial Average closed negative on Tuesday (July 12) on concerns about a recession. While investors eyed the release of US inflation numbers today. and the results of the major banks this week. This includes JPMorgan and Goldman Sachs.
The Dow closed at 30,981.33 points, down 192.51 points or -0.62%.
The Nasdaq closed at 11,264.73, down 107.87, or -0.95%.
The S&P500 closed at 3,818.80 points, down 35.63 points, or -0.92%.
New York’s West Texas Intermediate (WTI) crude futures closed down to a three-month low, while Brent crude futures fell below $100 as markets were pressured by the currency’s appreciation. dollar including concerns about the recession and the impact of China’s measures to control the spread of COVID-19
WTI crude oil contract for delivery in August It fell $8.25, or 7.9%, at $95.84 a barrel.
Brent crude oil contract (BRENT) for delivery in September It fell $7.61, or 7.1%, at $99.49 a barrel.
The COMEX (Commodity Exchange) gold contract will be delivered in August. It was down $6.90, or 0.4%, at $1,724.80 an ounce.
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