U.S. exchanges fell, the dollar paused its decline after the speech of Fed member Bullard

The main U.S. stock indices, which started the trading session with growth on Wednesday, ended it with a noticeable decline after the speech of FRS member James Bullard. By the end of the day Dow Jones lost 1.81%, S&P 500 - 1.55%, NASDAQ - 1.24%.

Bullard, who is a major hawk at the Fed, said that the regulator should conduct a tighter monetary policy this year, Prime news agency, quoting Bloomberg. After that the indices lost all growth. The positive dynamics of stocks is now based on the fact that players are counting on the Fed's imminent move to reduce the key rate, says Oanda analyst Edward Moya, cited by France-Presse. Bullard's speech, contrary to these expectations, shook their optimism. The dollar index, which reached on Wednesday, another minimum of more than six months, she, on the contrary, provided support, returning it to the level of 102 points.