Wall Street stock markets closed another negative week.The S&P 500 went down by 0.5% last week and closed at his lowest level of the month, 2046.61
It was the index’s third consecutive week of decline.
The Dow Jones index fell last week by 1.2% and closed at his lowest level since late March, 17535.32.
It was the Dow Jones third week of decline.
The NASDAQ Composite Index lost 0.4% on a weekly summary, a negative week for the fourth consecutive time and ended at the price level 4717.68.
Last Friday the price of the oil retreated from a high of six months but finished his fifth weekly gain in six weeks, due to expectations that global oil production will decline, together with the recovery of demand, will help to reduce the excess supply to global oil markets.
On a weekly summary the price of the oil went up by 3.5% to a price level of 46.37 dollar per barrel.
The US dollar strengthened last Friday to a record of six weeks and on his way to a second consecutive week of rise, after the retail sales data and a stronger than expected consumer confidence published in the US reinforced expectations that the Federal Reserve may raise interest rates this year.
In view of the strengthening of the dollar, the price of gold fell last week for the first time in three weeks, and closed at a price level 1274.3.
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