Wall Street Closes Down with Signs up Interest Rate Fed
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The Dow Jones closed down 157.86 points, while the Nasdaq fell 0.74% after rebounding the previous day, due to the higher-than-expected 0.4% increase in October's CPI, fueling concerns about a December interest rate hike by the Fed. Nvidia continued to fall 5.4%, pressuring technology stocks, while US bond yields surged. The post “Dow Jones” closes down 158 points, affected by higher-than-expected US inflation and fears of a Fed interest rate hi…
Wall Street closed lower on inflation concerns and expectations the Fed will raise interest rates more aggressively, with the S&P 500 and Dow Jones correcting.
The New York Stock Exchange closed down today, yielding to news about inflation in the US and to comments from a central bank leader, which indicate a rise in the reference interest rate.
The New York Stock Exchange closed lower today as new inflation data reinforced expectations that the US Federal Reserve will raise interest rates next month. The Dow Jones Industrial Average fell 157.86 points, or 0.30%, to 52,231.89. The Nasdaq Composite, which is dominated by companies in the ... More www.ertnews.gr
The result of the session indicates that the selective index Dow Jones Industrial Average decreased 0.30%, the technological Nasdaq yielded 0.74% and the extended S&P500 decreased 0.38%.
The New York Stock Exchange closed with losses.More...
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