US stocks depreciate on impeachment and economy growth concerns

Source: Dukascopy Bank SA

Since Monday, October 1, the US 30 Index has dropped for 4.08%. Moreover, the US 500 Index has declined for 3.98%.  

One of the reasons for the drop is a propose made by Democratic lawmakers to start formal impeachment proceedings to remove the US President Donald Trump from his position.  

Moreover, the decline occurred due to the US economy growth concerns, as the US ISM Manufacturing PMI and the ADP Non-Farm Employment Change data releases came out worse-than-expected.

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