Wall Street declines

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Mon, 21 Sep 2020 20:47:06 GMT

Source: Dukascopy Bank SA

During Monday's US trading hours, US stocks reached a seven week low level, as news of possible corona lockdowns in Europe weighted in.

Actual Topics

On Monday, global bank stocks declined, as the banking sector faced a scandal of transferring nearly $2 trillion of illicit funds.

On Monday, gold prices dropped by more than 3%, as the US Dollar gained strength and risk off sentiment took hold.

The US Federal Reserve announced on Monday that the US household wealth had returned to pre-coronavirus levels.