The main US stock indexes finished trading in negative territory

Major US stock indices fell significantly on Thursday, which was due to correction, the need for which had long been brewing, and with the increase in yield of government bonds against the background of increased inflation expectations

The focus was also on US data and statements by Fed officials Kashkari, Harker, and Dudley. As it became known, the number of Americans applying for unemployment benefits unexpectedly fell last week, dropping to the lowest level in almost 45 years, as the labor market becomes even tougher, reinforcing the expectations of a faster growth of wages this year. Initial claims for unemployment benefits fell by 9,000 to 221,000, seasonally adjusted for the week ending February 3, the Ministry of Labor said. Primary treatment fell to 216,000 in mid-January, the lowest level since January 1973. Economists predicted that over the last week of circulation will grow to 232,000.

As for the speech of the representative of the Federal Reserve Bank of Kashkari, he said that I would not want to rush to conclusions about further increases in rates. Meanwhile, Fed representative Harker noted that the outlook for inflation is still surrounded by considerable uncertainty. In addition, Fed spokesman Dudley said that the rate increase rate depends on the indications of the economy.

All components of the DOW index finished trading in the red (30 of 30). Outsider were shares of American Express Company (AXP, -5.63%).

All sectors of the S & P index are in negative territory. The largest decrease was observed in the sector of industrial goods (-2.6%) and in the technological sector (-3.9%).

At closing:

Dow -4.15% 23,860.46 -1032.89

Nasdaq -3.90% 6,777.16 -274.82

S & P -3.75% 2.581.00 -100.66