Wall Street worsens with fear rates, DJ -1.51%, Nasdaq -2% - Last hour

2023-10-03T18:52:37.999Z

Highlights: Wall Street worsens with fear rates, DJ -1.51%, Nasdaq -2% - Last hour. Treasury yields surged, driven by investors' belief that the strong economy will force the Fed into high rates for an extended period. The Dow Jones lost 1.51% to 32,933.26 points, the Nasdaq fell 2.08% to 13,032.17 points while the S&P 500 dropped 1.62% to 4,219.83 points.

Wall Street worsened as Treasury yields surged, driven by investors' belief that the strong economy will force the Fed into high rates for an extended period. The Dow Jones lost 1.51% to 32,933.26 points, the Nasdaq fell 2.08% to 13. (ANSA)

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