Wall Street closed lower, and jobs data fueled interest rate concerns

Wall Street’s main indices closed more than 1% lower on Thursday, after fresh evidence of a tightening labor market dashed any investors’ hopes that the Federal Reserve might soon halt its rate-raising cycle as focus remains on inflation. Thursday’s national employment report showed a higher-than-expected rise in private employment in December. Another report showed that … Read more

US stock exchanges close slightly in the black – Tesla shares lose value again

Düsseldorf According to new economic data, the US stock exchanges closed slightly higher on the last trading day before Christmas. The Dow Jones index of standard values ​​closed 0.5 percent higher at 33,203 points on Friday. The tech-heavy Nasdaq advanced 0.2 percent to 10,497 points. The broad one S&P 500 increased 0.6 percent to 3844 … Read more

US Wall Street indices continue to decline under the pressure of recession fears

The main stock indices on Wall Street continued their losses, with continued fears of recession due to the central bank’s policies. Wall Street indices continue to decline under the pressure of recession fears The main stock indices on Wall Street extended their losses today, Friday. Fears of a looming recession, sparked by the Federal Reserve’s … Read more

Wall Street closes sharply in the red – hopes of rate cuts dampened

Frankfurt Muted hopes of an end to US interest rate hikes continued to weigh on Wall Street. The Dow Jones lost 2.3 percent to 33,202 points. The tech-heavy Nasdaq fell 3.2 percent to 10,810 and the broader S&P 500 fell 2.5 percent to 3,895. Fed Chair Jerome Powell raised fears of a prolonged cycle of … Read more

Wall Street trembles before the Fed: Robust labor market fuels new interest rate fears

Wall Street bibbert vor Fed Robust labor market fuels new interest rate fears 12/02/2022 10:27 p.m In the US, companies are creating jobs outside of agriculture. Investors fear the Fed could use this as an argument to push for more large rate hikes. Experts expect an increase of 50 basis points in December and February. … Read more