Stocks slump in delayed Fed reaction

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इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The S&P 500 fell by 2.5% yesterday, its steepest stumble since Nov. 2.

Nasdaq composite dropped 3.2%, likewise its worst decline since Nov. 2.If you're wondering about the significance of Nov. 2, it was a day when the Fed lifted interest rates by three-quarters of a percentage point, accompanied by hawkish comments from Fed chair Jerome Powell, who said the central bank still had "a ways to go" before it stopped hiking.Wednesday, saying there would be more pain to come for the economy, as the Fed continued raising rates.

The S&P 500 is down now down 18.3% for the year, putting it on track for its worst performance since 2008.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।

Don't worry there will be a Santa Claus rally

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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