https://sputniknews.com/20230322/us-dow-plummets-530-points-after-federal-reserve-hikes-interests-rates-amid-banking-crisis-1108703488.html
US Dow Plummets 530 Points After Federal Reserve Hikes Interests Rates Amid Banking Crisis
US Dow Plummets 530 Points After Federal Reserve Hikes Interests Rates Amid Banking Crisis
US stocks suffered on Wednesday, following a 25-point interest rate hike by the Federal Reserve. Many had hoped the recent collapse of two US banks, indirectly… 22.03.2023, Sputnik International
2023-03-22T20:09+0000
2023-03-22T20:09+0000
2023-03-22T20:09+0000
economy
dow jones
us stocks
federal reserve
interest rates
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The Dow Jones Industrial Average lost 530.49 points on Wednesday, falling by 1.63% to close at 32,030.11. The other indices fell by similar margins: the S&P 500 fell by 65.90 points to close at 3,936.97, and the Nasdaq Composite fell by 190.15 points to end at 11,669.96.MORE DETAILS TO COME.
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dow jones, us stocks, federal reserve, interest rates
dow jones, us stocks, federal reserve, interest rates
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US stocks suffered on Wednesday, following a 25-point interest rate hike by the Federal Reserve. Many had hoped the recent collapse of two US banks, indirectly linked to past rate hikes, might stay the central bank’s hand, but to no avail.
The Dow Jones Industrial Average lost 530.49 points on Wednesday, falling by 1.63% to close at 32,030.11. The other indices fell by similar margins: the S&P 500 fell by 65.90 points to close at 3,936.97, and the Nasdaq Composite fell by 190.15 points to end at 11,669.96.
