New York: Global stock markets saw a notable downturn on May 23, with significant decreases across major indices. The American stock markets experienced a drop, as the Dow Jones index fell by 0.61% to 41,603.07 points. Similarly, the S and P 500 index reduced by 0.67% to 5,802.82 points, and the Nasdaq index decreased by 1% to 18,737.21 points.

According to Azeri-Press News Agency, European stock markets also faced a downward trend. The FTSE 100 index in London decreased by 0.24% to 8,717.97 points. Meanwhile, Germany's DAX index saw a more significant drop of 1.54% to 23,629.58 points, and France's CAC-40 index fell by 1.65% to 7,734.40 points.

In the currency markets, the euro showed strength against the dollar, with its exchange rate increasing by 0.72%, reaching USD 1.1362. This shift in currency valuation reflects broader market reactions and adjustments amid ongoing economic developments.