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The previous week began with a decline for the American stock market.
On Monday ahead of the OPEC + summit oil quotes showed weak positive dynamics.
The week started with solid gains, unaffected by continued concerns about the pace of economic growth in light of the recent surge in coronavirus infections and uncertainty over the future of the Federal Reserve's stimulus.
The past week began with a noticeable rise in oil quotes.
The last week began for the American stock market with predominant growth, thanks to the increase in the quotations of shares in the service and healthcare sectors.
Last week oil quotes experienced strong pressure that resulted in a persistent negative trend.
At the beginning of the week the US stock market was mainly negative, with market participants assessing the prospects for a faster-than-expected Fed monetary tightening and the negative impact of efforts to contain the spread of the delta variant of the coronavirus.
The past week began with serious negative dynamics.
On Monday the US stock market mostly experienced decline.
The week began with a sharp drop in oil quotations, while the price of the October futures for Brent crude at trading on August 2 fell at a minimum of $ 2.82 to $ 72.34 per barrel. WTI fell $ 3.07 to $ 70.58 a barrel.
