The stock exchanges in Germany and France fell over two percent on Tuesday. The negative mood infected the New York Stock Exchange, where the Dow Jones ended down 0.8 percent to 17,928.13, while the broader S & amp; P 500 Index fell 1.2 percent to 2,089.47.
Technology Heavy Nasdaq tumbled 1.6 percent to 4,939.33. Apple, the most traded share on the Nasdaq, dropped a few percent. Netflix and Tesla were the only shares plus among the 10 most traded securities.
The oil price rises, however. Brent crude is up 1.7 percent to $ 67.56 a barrel. The price is, however, little changed since the end of trading in Oslo.
The trade balance
The US trade balance for goods and services totaled minus $ 51.4 billion in March.
The deficit thus increased by $ 15.5 billion from $ 35.9 billion in February.
The deficit had not been greater in six years.
It was expected in advance a deficit of $ 39.4 billion, according to our financial calendar.
Exports rose by $ 1.6 billion to $ 187.8 billion, while imports rose by $ 17.1 billion to $ 239.2 billion .
PMI
Finally Purchasing Manager Index for services in the US was 57.4 in April, from 59.2 months before, according to preliminary figures from Markit.
The index was expected to 57.8, according to Bloomberg News.
The assembled PMI index was 57.0 in April, from 59.2 months before.
ISM
US Purchasing Managers Index for the service sector (non-manufacturing ISM) ended at 57.8 in April, according to figures from the US statistical authorities.
It was beforehand expecting a index of 56.2.
March figures also showed an index of 56.5.
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