The Limited Times

Now you can see non-English news...

U.S. stocks close | Dow plunges 643 points, Nasdaq tumbles 2.55% amid worries about authorities raising interest rates sharply

2022-08-22T22:07:27.795Z


Federal Reserve Chairman Powell will attend the annual meeting of global central banks on Friday (26th), and the market is worried that he will make more hawkish remarks in his speech. Investors are more worried that the authorities will take more aggressive action to raise interest rates.


Federal Reserve Chairman Powell will attend the annual meeting of global central banks on Friday (26th), and the market is worried that he will make more hawkish remarks in his speech. Investors are more worried that the authorities will take more aggressive action to raise interest rates. 3%, US stocks fell sharply on Monday.

The Dow fell 699 points at one point, and reached a low of 33,007 points throughout the day. It still closed down 643 points, and the Nasdaq Composite and the Standard Index also fell by more than 2%.


The Dow Jones closed at 33,063 points, down 643 points or 1.91%; the S&P 500 closed at 4,137 points, down 90 points or 2.14%; the Nasdaq closed at 12,381 points, down 323 points or 2.55%.

Tesla fell 2.28%, Apple fell 2.3%, Meta rose 2.92%, Netflix fell 6.06%, Intel fell 4.35%, and Microsoft fell 2.94%.

AMTD Group is reportedly under investigation by the Securities and Futures Commission. AMTD Digital soared 15% before the US stock market jumped 300 times in the United States, and the US stock market soared 15%. Retail peers follow up

Source: hk1

All news articles on 2022-08-22

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.