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Every day companies lose value in the stock markets
Posted On 16 Jan 2016
The new slip in oil prices and the global economic situation knocks the doors of Latin America, where stock markets and currencies faced a busy day.
Stock exchanges of Europe and the United States also suffered. Wall Street closed yesterday with heavy losses and the Dow Jones of industrials, the main indicator, fell by 2.39%. According to preliminary information at the end of the session, that index lost a 2.16% and the composite index of the Nasdaq market fell by 2.74%.
The US government observes “closely” the declines registered in the stock market in recent days to assess their potential impact. “… these movements are watched closely by the Treasury Department. They monitor the financial markets worldwide and carefully assess the type of impact they could have on the overall economy here in the US,” said presidential spokesman Josh Earnest. (I)
