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Wall Street in sharp decline, weighed by the slump in Shanghai

Wall Street fell sharply following fears about the Chinese economy. Important day for the American indices: waiting for the FED minutes and the start of the quarterly season

Wall Street in sharp decline, weighed by the slump in Shanghai

The main indices of Wall Street expand the losses. An hour and a half after the start of trading, the Dow Jones is down 1,16%, the Nasdaq is down 1,18%, while the S&P500 is down 1,05%. 

To ballast the American price lists croll of the Shanghai Stock Exchange which today lost another 6%, thus reaching -35% in just one month. During the session, over 50 stocks were suspended due to excessive downtrend. 

We remind you that today is an important day for the American stock market. In addition to the wait for the publication of the minutes of the last meeting of the Federal Reserve in fact, the day will be characterized by the beginning of quarterly seasonthe. As usual, in “April the dances” Alcoa will publish the accounts for the 2nd quarter of the current year after the markets are closed. 

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