The U.S. Federal Reserve threatened to accelerate monetary policy tightening, and U.S. stocks fell across the board on Wednesday.
The Dow once rose more than 150 points in the early stages, but then fell nearly 400 points, and the Nasdaq fell 3.3%.
The Fed's interest rate negotiation record shows that officials expect to raise interest rates three times this year and next year. The bureau has forced to raise interest rates earlier and faster, and the rate of reduction of the balance sheet is also faster than the previous round.
The market expects that the Fed will reduce debt purchases in March and then raise interest rates.
The Dow closed at 36,407 points, down 392 points or 1.07%; the standard index closed at 4,793 points, down 92 points or 19.4%; the Nasdaq closed at 15,100 points, down 522 points or 3.34%.
Many technology companies performed poorly. Salesforce fell 8.28%, Adobe fell 7.14%, Huida fell 5.76%, Tesla fell 5.76%, Alphabet fell 4.59%, Microsoft fell 3.84%, and Apple fell 2.66%.
Pfizer rose 2.02% after being upgraded by Bank of America.
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