US stock markets drop amid interest rates hike and looming shutdown

Disappointing results spooked investors as US stock markets dropped again, with indexes languishing at 15-month lows US stock markets joine... thumbnail 1 summary

Disappointing results spooked investors as US stock markets dropped again, with indexes languishing at 15-month lows

US stock markets joined a global sell-off on Thursday after news that the Federal Reserve would continue its planned interest rate hikes, a government shutdown loomed and disappointing financial results spooked investors.

The Dow Jones industrial average closed down 2%, or 464 points, after earlier falling as much as 679 points, while the S&P 500 fell 1.6%. The Nasdaq, home to tech giants including Apple and Facebook, also dropped 1.6%.

Continue reading...

from US news | The Guardian https://ift.tt/2V2AYSv

No comments

Post a Comment