Markets Finished in Red Zone

May 16, 2014

Yesterday the world’s financial markets closed with a slump. In Europe, the British FTSE 100 fell 0.55 percent, the German DAX dropped 1.01 percent, and the French CAC 40 went down by 1.25 percent.

In Russia, the MICEX index fell 0.51 percent down to 1,382 points and the RTS index – 0.64 percent down to 1,253 points.

In the United States, the Dow Jones slumped 1.01 percent down to 16,446.81 points, the S&P shed 0.94 percent down to 1,870.85 points, and the NASDAQ fell 0.76 percent stopping at 4,069.29 points.

The NYMEX price of the June WTI oil future went down by $0.87 making $101.50 a barrel. On London’s ICE, the price of the Brent oil future for June delivery rose by $0.25 and closed at $110.44 a barrel.  

The EUR/USD pair is at the same level so far.

Anna Gorenkova, NordFX Analyst

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