Investors stopped ignoring risks: US stock indices retreated from highs

Major U.S. indices turned downward on Friday, Ma. 15, after the records achieved the previous day. Only S&P 500 remained in the plus at the end of the week. Markets were pulled down by technological securities and the lack of significant breakthroughs following the meeting between U.S. President Donald Trump and Chinese President Xi Jinping, writes CNBC. Also, investor sentiment was affected by concerns about inflationary pressures associated with higher oil prices, which led to a jump in Treasury bond yields, MarketWatch notes.

- On Ma. 15, the broad market index S&P 500 declined by 1.2% and closed just above 7400 points, while the day before it first broke the 7500 mark. During the week, the S&P 500 added a symbolic 0.13%.

- The blue-chip index Dow Jones Industrial Average lost 1.1% on Friday and 0.17% in five trading sessions.

- The Nasdaq Composite technology sector index retreated 1.5% from Thursday's record. At the end of the week, the index went down by 0.08%.

- The Russell 2000 index of small and mid-capitalization companies collapsed 2.3%. During the week Russell 2000 lost 2.2%.

- Brent crude futures jumped by 3.5% to almost $110 per barrel. WTI contracts rose by 4.4% and were traded at $105 per barrel.

- Gold fell 2.8% to $4,556 an ounce

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This article was AI-translated and verified by a human editor