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Felicia Tan
in
Stocks
June 22 09:04

U.S. markets show mixed dynamics

The main American stock indices on Friday were traded in different directions at the closing of trades.
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 On one hand, traders are optimistic about the prospects for economic recovery, on the other hand they assess the risks of the second wave of infection with coronavirus, according to data from the exchanges.

As of 03:00 SGT time, the Dow Jones Industrial Average (DJIA) index fell by 0.8%, to 25872.56 points, losing all growth at the opening of the trading session, NASDAQ hi-tech companies index slightly increased by 0.03%, to 9946.12 points, the S&P 500 broad market index fell by 0.57%, to 3097.70 points.
The situation with COVID-19 continues to put negative pressure on trading. In a number of states, U.S. continues to see a record number of infections. On the other hand, investors also appreciated the statement by the leading epidemiologist of the Chinese Center for Disease Prevention and Control Wu Junyu that the COVID-19 outbreak in Beijing has already been controlled. Earlier, a new outbreak was detected in the largest wholesale market of Xinfadi in the Beijing Fengtai area.
Next week, the third assessment of the U.S. GDP change in the first quarter will be announced. Analysts believe that the figure fell by 5%, which corresponds to the second estimate, the first estimate implied a decline of 4.8%.