As of 15.35 Moscow time, futures on the broad market index S & P 500 fell 0.33% to 2018.75 points, futures on the index of high-tech NASDAQ companies – by 0.63%, to 4338.75 points, futures on the DJIA index – on 0.51%, to 16830 points.

MOSCOW, Aug. 21 – RIA Novosti / Prime. Futures for US stock indices are down on Friday amid record-breaking statistics on business activity from the PRC, which increased investor concerns about the state of the global economy, according to trade data.

As of 15.35 Moscow time, futures on the broad market index S & P 500 fell 0.33% to 2018.75 points, futures on the index of high-tech NASDAQ companies – by 0.63%, to 4338.75 points, futures on the DJIA index – on 0.51%, to 16830 points.

Business publication Caixin reported on Friday that the preliminary index of business activity PMI in the industrial sector of China’s economy in August fell to a minimum of 6.5 years at a level of 47.1 points. Preliminary data were significantly below analysts’ expectations, which predicted a PMI of 47.7 points.

At the same time, the minutes of the July meeting of the Federal Reserve System (FRS), published on Wednesday, continue to influence the mood of investors. Members of the committee on open markets believe that in order to take a decision on the first rate increase since December 2008, they need to obtain additional statistics and gain confidence that US economic growth is accelerating and inflation is approaching the target of 2%.

Negative sentiment about stock markets is still supported by “uncertainty and speculation about the growth rate of the global economy, as well as what the Fed will do in September,” says The Wall Street Journal of the words of senior currency strategist Bank Wealth Management Terry Sandwen ( Terry Sandven). The expert also noted the resumption of fears for the economy of the PRC.

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17.11.2019, 18:01