Stocks in New York fell on fears of a rate hike.
At the New York Stock Exchange (NYSE) on the 30th (local time), the Dow Jones Industrial Average started at 35,273.63 points, down 20.6 points (0.06%) from the previous day.
The Standard & Poor’s 500 Index fell 7.4 points (0.16%) to 4624.2 points, and the Nasdaq Composite Index, centered on technology stocks, fell 61.0 points (0.42%) to 14,55.59 points.
The decline is interpreted as a result of a slight drop in expectations for negotiations between Russia and Ukraine and concerns about an interest rate hike by the US.
Recently, the US Federal Reserve Chairman Jerome Powell said that a ‘big step’ of raising the key interest rate by 0.5 percentage points at the earliest in May in response to inflation could be taken, and investors’ investor sentiment shrank slightly due to unstable market conditions. is becoming
