Money and business

American stocks are closed to a decline with the anticipation of inflation data


Decreased The stock indicators American in The Wall Street Stock Exchange at the end of its dealings on Monday evening, with investors awaiting the issuance of Inflation data today for the month of July, and the developments of commercial negotiations between the United States and China.
investors expect that the Federal Reserve will reduce interest rates by about 60 basis points by next December, driven by indicators of weak labor market and changes in the leadership of the Council. 6374.32 points, Nasdaq decreased 62.99 points or 0.29% to 21388.60 points.
Dow Jones fell 193.29 points or 0.44% to 43982.32 points.

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