new Delhi. After the news of US President Donald Trump and his wife Melania Trump Trump Corona virus positive, the US future market is now witnessing a big decline in the stock market. As of US time, there is a sharp decline in the open markets at 9:30 am in the markets like Naxdac Composite, Dow Jones, S&P 500, New York Stock Exchange. On the other hand, the condition of European markets is also getting worse. Euro stocks 500, FTSE 100, DAX and CAC are also trading with a big decline. Let me tell you, in the US presidential election, hopes of Donald Trump becoming President once again are being raised. In this case, their being corona positive is neither a good sign for them nor for the market.
Big drop in US markets
First of all, in the US markets, the Dow Jones is trading down by 218.54 points. On the other hand, S&P is witnessing a decline of 47.16 i.e. 1 percent. The Naxdac Composite is trading at 167.50 points, or 1.50 per cent. The New York Stock Exchange is trading down 127 points, or 0.79 per cent. According to experts, there may be a further decline in this.
State of shares of american companies
Talking about heavyweights in US markets, Tesla shares are seeing a decline of 3.61%. At the same time, Apple’s stock is trading down by 2.08 percent. At the same time, Amazon, the world’s largest e-commerce company, is seeing a decline of 1.64 percent. Apart from this, Microsoft’s stock is seeing a decline of 1.44 percent.
European markets also fall
On the other hand, European stock markets are also seeing a decline. Euro stocks are trading down 0.51 percent in almost half an hour. The Financial Times Stock Exchange is trading with 0.25 per cent. DAX is trading down by 0.70 per cent. The CAC is witnessing a decline of 0.46 per cent. According to experts, it may see a further decline in business volume.
Stock markets also fell along with futures markets
First of all, if we talk about the US futures markets, there has been a tremendous decline. The Dow Jones futures market has lost more than 400 points. While the Nasdaq futures market has also broken up by 1.7 per cent. Futures markets all over the world have rolled down due to the news of the Trump couple being corona positive. Euro Stokes 50 futures, the futures market of European Union dominated by Germany and France, is also seeing a decline of about one percent. German DAX futures is also trading down by 0.90 per cent. The Financial Times Stock Exchange, or FTSE, is witnessing a decline of over 1 per cent.
Fall in oil price
At the same time, falling crude oil prices of futures markets are also seen. US Oil WTI Future is trading down 4.55 percent. On the other hand, Brent is trading at 4.43 per cent in the future. Let us tell you that the price of crude oil is already falling. In the last 45 days, crude oil has broken more than 10%.