U.S. and European exchanges closed with a drop of about 2%

US and European stock indexes finished Tuesday's trading in negative territory. This was promoted by investors' fears that the Federal Reserve might continue tightening monetary policy instead of the expected easing, because the latest statistical data on the American economy demonstrated its resistance to the regulator's hawkish measures, writes Prime agency. As John Carey, managing director of Amundi US, notes, players now perceive positive economic results as "bad news."

At the end of the day in the U.S., the Dow Jones fell 1.03%, the S&P 500 - 1.44%, the NASDAQ - 2%. In Europe German DAX lost 0.72%, British FTSE 100 - 0.61%, French CAC 40 - 0.14%.

Investors are now awaiting the statistics on inflation in the United States and the Fed meeting at which the interest rate will be decided. Most analysts are predicting an increase of 50 basis points.