At the beginning of the week, American and European stock indices dropped because of fears around a possible bankruptcy of the Chinese largest developer Evergrande and the end of the Fed’s stimulation program. Is there a new global crisis to come?
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On Monday, global stock indices plunged significantly in response to concerns about the third wave of the coronavirus pandemic. However, the next day many of them managed to recover. Tech analysis of stock indices for July 21st, 2021.
Stock indices reacted to the Fed's forecasts immediately. The US, European, and Japanese markets dropped.