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The US stock market ended Monday trading lower on the back of negative dynamics from the sectors of oil and gas, technology and utilities.

At the close on the New York Stock Exchange, the Dow Jones fell by 2.79%, reaching a 52-week low, the S&P 500 index fell by 3.88%, the NASDAQ Composite index fell by 4.68%.

Among the growth leaders among the components of the Dow Jones index following the results of today’s trading were shares of McDonald’s Corporation (NYSE:MCD), which rose by 1.09 p. (0.46%), closing at 238.47. Coca-Cola Co (NYSE:KO) quotes fell by 0.07 p. (0.11%), ending trading at 61.34. Cisco Systems Inc (NASDAQ:CSCO) securities fell by 0.25 p. (0.57%), closing at 43.24.

The leaders of the fall were shares of Boeing Co (NYSE:BA), the price of which fell by 11.14 p. (8.77%), ending the session at 115.86. Shares Salesforce.com Inc (NYSE:CRM) rose 12.42 p. (6.96%), closing at 166.03, and American Express Company (NYSE:AXP) decreased in price by 8.13 p. (5.26%) and ended trading at 146.29.

The growth leaders among the components of the S&P 500 index following the results of today’s trading were shares of CME Group Inc (NASDAQ:CME), which rose by 1.55% to 202.99, Truist Financial Corp (NYSE:TFC), which gained 1.50%, closing at 46.64, as well as shares of Duke Realty Corporation (NYSE:DRE), which increased by 0.98%, ending the session at 50.27.

The leaders of the fall were the shares of Signature Bank (NASDAQ:SBNY), which declined in price by 13.67%, closing at 174.05. Shares of Caesars Entertainment Corporation (NASDAQ:CZR) lost 12.88% and ended the session at 39.64. Quotes of Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) decreased in price by 12.23% to 11.55.

The growth leaders among the components of the NASDAQ Composite index following the results of today’s trading were the shares of Day One Biopharmaceuticals Inc (NASDAQ:DAWN), which rose by 125.98% to 14.96, G Medical Innovations Holdings Ltd (NASDAQ:GMVD), which gained 88.32%, closing at 0.65, as well as shares of Hillstream Biopharma Inc (NASDAQ:HILS), which rose 75.30%, ending the session at 1.35.

The leaders of the fall were shares of Electric Last Mile Solutions Inc (NASDAQ:ELMS), which declined in price by 61.59%, closing at 0.20. Shares of Applied Blockchain Inc (NASDAQ:APLD) lost 52.55% and ended the session at 1.30. Quotes of TDH Holdings Inc (NASDAQ:PETZ) decreased in price by 48.68% to 0.14.

On the New York Stock Exchange, the number of cheaper securities (3100) exceeded the number of closed ones in the black (151), and the quotes of 80 shares remained virtually unchanged. On the NASDAQ stock exchange, the securities of 3470 companies fell in price, 484 rose, and 163 remained at the level of the previous close.

The stock quotes of Signature Bank (NASDAQ:SBNY) fell to a 52-week low, falling by 13.67%, 27.57 p., and ended trading at 174.05. Caesars Entertainment Corporation (NASDAQ:CZR) stock quotes fell to a 52-week low, falling by 12.88%, 5.86 p., and ended trading at 39.64. Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) stock quotes fell to a 52-week low, falling by 12.23%, 1.61 p., and the auction ended at 11.55. Boeing Co (NYSE:BA) stock prices fell to a 52-week low, down 8.77%, 11.14 p., and ended trading at 115.86. American Express Company (NYSE:AXP) stock quotes fell to a 52-week low, falling by 5.26%, 8.13 p., and ended trading at 146.29. Electric Last Mile Solutions Inc (NASDAQ:ELMS) stock quotes fell to a historic low, falling by 61.59%, 0.31 p., and ended trading at around 0.20. The stock quotes of Applied Blockchain Inc (NASDAQ:APLD) fell to a 52-week low, falling by 52.55%, 1.44 p., and ended trading at 1.30. TDH Holdings Inc (NASDAQ:PETZ) stock quotes fell to a historic low, falling by 48.68%, 0.13 p., and ended trading at 0.14.

The CBOE Volatility Index, which is formed on the basis of options trading indicators on the S&P 500, rose by 22.59% to 34.02, reaching a new monthly high.

Gold futures for August delivery lost 2.89%, or 54.20, reaching $1.00 per troy ounce. As for other commodities, prices for WTI crude oil futures for July delivery rose by 0.21%, or 0.25, to $120.92 per barrel. Brent crude futures for August delivery rose 0.16%, or 0.20, to $122.21 per barrel.

Meanwhile, on the Forex market, the EUR/USD pair fell by 1.03% to 1.04, and the USD / JPY quotes increased by 0.02%, reaching 134.45.

Futures for the USD index rose by 1.03% to 105.08.

And also on Friday, the US Department of Labor published data according to which inflation in the country accelerated to 8.6% by the end of May, which is a record since 1981. Such an acceleration in consumer price growth was unexpected for the markets, as the US Federal Reserve System (FRS) has already raised the rate twice to curb inflation. Analysts predicted that inflation would remain at the level of April.

Now investors believe that the Fed will act even more aggressively, which, against the background of a number of factors, could trigger a recession in the economy. The regulator’s meeting will be held later this week. The Fed will announce the decision on the rate on Wednesday, June 15.

“The mood has changed dramatically as market participants realized that we have a growing food crisis … China’s exit from quarantine may take several months … and a recession is now very likely, since this is the only way to kill demand and inflation,” said Peter Garnry, head of strategy at Saxo Bank, whose opinion is quoted by the agency MarketWatch.

#The US stock market collapsed