U.S. stocks tumbled to their lowest levels of the session Monday afternoon as commentary from senior Federal Reserve officials added to the market’s woes...
U.S. stocks tumbled to their lowest levels of the session Monday afternoon as commentary from senior Federal Reserve officials added to the market’s woes during a session that has been dominated by news of spreading unrest in China. The Dow Jones Industrial Average DJIA, -1.52% fell 500 points, or 1.5%, to 33,846, while the S&P 500 SPX, -1.66% declined 63 points, or 1.6%, to 3,962. The Nasdaq Composite COMP, -1.75% retreated 174 points, 1.6%, to 11,051.
John Williams, president of the New York Fed, warned that unemployment could climb to 5% next year due to the central bank’s aggressive interest-rate hikes, while St. Louis Fed President James Bullard said the central bank will likely need to hike rates higher than many currently expect. Earlier, news of spreading protests opposing President Xi Jinping’s zero-COVID measures had rippled across global markets due to fears that they might further hinder growth in the world’s second-largest economy.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Elon Musk: Fully Loaded Tesla Semi Just Completed 500-Mile DriveTesla CEO Elon Musk wrote that a Tesla Semi completed a 500 mile drive weighing in at 81,000 lbs, which is almost 100% of its Gross Combination Weight (GCW).
Leer más »
Elon Musk: Fully loaded Tesla Semi aces 500-mile drive | Digital TrendsJust days before Tesla delivers its first all-electric Semi truck, company chief ElonMusk said a test drive saw it complete a 500-mile trip fully loaded.
Leer más »
Tesla Semi Completed A 500-Mile Trip With A Loaded Weight Of 81,000 pounds | CarscoopsTesla Semi Completed A 500-Mile Trip With A Loaded Weight Of 81,000 pounds | Carscoops carscoops
Leer más »
Chaos erupts as Mexican authorities evict 500 Venezuelan migrants from border campFires burned and scuffles broke out as Mexican authorities attempted to clear out a migrant camp at the US-Mexico border.
Leer más »
Tom Brady, Buccaneers upset by Browns after curious timeout decisionThe NFC South still does not have a team above .500.
Leer más »