Nasdaq registers lowest close since July 2020; chips stocks fall By Reuters

NEW YORK - U.S. stocks fell on Monday, with the Nasdaq posting its lowest close since July 2020, as investors worried about the impact of higher interest rates and pulled out of chipmakers after the United States announced restrictions aimed at hobbling China's semiconductor industry.

Federal Reserve Vice Chair Lael Brainard said tighter U.S. monetary policy has begun to be felt in an economy that may be slowing faster than expected, but the full brunt of Fed interest rate increases still won't be apparent for months. Despite growing concerns by a number of economists and analysts that the Fed's interest rate hikes could increase unemployment, Chicago Fed President Charles Evans continued to back the central bank's attempt to lower inflation, saying that while it sounds"optimistic" he believed it could do so"while also avoiding recession."

"People are worried about the economy. People are worried about a possible recession," said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma.dropped 3.5% after the Biden administration published a set of export controls on Friday, including a measure to cut China off from certain semiconductor chips made anywhere in the world with U.S. equipment.

Instead of meta, Wall Street should be banned. Manipulated 💩

your a loser Powell, FED Evans , Branard your slaughtering the American economy , you cant bring inflation down to 2 % impossible , you will destroy world markets an employment , you just as toxic as Maga

Art NASDAQ Artist Jerome 🤣🤣🤣

It closed below this level on Sep 24, 2020, but whatever...

🤣🤣🤣

🤮

LINK1K

Lowest since 2020 but the tombstone says it died in 2022

Stock market bleeding🩸🩸

Meanwhile Biden

🩸🩸🩸

What the hell else is new?

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Nasdaq logs lowest close in over 2 years as stocks end lower for 4th straight sessionU.S. stocks finished lower on Monday as all three major indexes fell for the fourth straight session and the Nasdaq Composite saw its lowest close in more than two years. The DJIA finished 93.91 points, or 0.3%, lower at 29,202.88. edgew00datl time to buy or wait more? $SPY $QQQ DJI 29202 down 18.8% from 36000 12/21. NAS 10542 down 34.1% from 16000 11/21. S&P 3600 down 25% from 4800 12/22. 10 months of decline as inflation rises and central banks raise interest rates. That’s some taper tantrum. Who's making all the money ?
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »

U.S. Stocks Fall in Volatile Trading, Nasdaq Hits New LowU.S. stock indexes finished lower as concerns about Fed policy and escalation in the Ukraine war weighed on markets.
مصدر: WSJ - 🏆 98. / 63 اقرأ أكثر »