The American market has collapsed

The NASDAQ Composite Index, calculated by the same stock exchange in the US, fell by 4.43 percent at the end of trading on October 24, follows from the data of the trading platform. This is the worst figure since August 2011.

During the whole trading session, the index value fluctuated greatly and by the end of the day it was 7109.40 points. At the opening, the value was 7423.21 points. In February of this year, the index lost 3.8 percent in one trading day.
Also following the results of October 24, the values ​​of other US indices decreased: Dow Jones (minus 2.41 percent), S & P 500 (3.09 percent).
Analysts link these results with real estate market statistics published by the Ministry of Commerce. According to her, sales of new buildings in the country in September decreased by 5.5 percent.
On the NASDAQ exchange traded shares of high-tech companies, including Tesla, Apple and Microsoft.
On October 19, Bloomberg, citing calculations by JPMorgan, predicted that the US economy would enter recession. Analysts estimate the probability of a recession in the United States during the year at 28 percent. In a three-year term, the odds are already above 80 percent, according to a company survey.