Wall Street closed the last session of the month in negative territory. The main US stock indices closed lower, reflecting tension in the markets and the sentiment of uncertainty among investors.
Edison and PG&E shares recorded declines of more than 20%, being some of the companies most affected by the market correction during this session.
The attacks between the United States and Iran in the Middle East region were identified as one of the factors contributing to the negative sentiment in the markets. The escalation of tensions in the region caused oil prices to surge.
The increase in crude prices intensified concerns regarding inflation, which weighed additionally on investors' sentiment and contributed to the negative close of US stock markets.
