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The leading index Dow Jones Industrial decreased by 0.75 percent to 33,414.17 points. Throughout the market, the S&P 500 lost 0.85 percent, falling to 4278.00 points. Nasdaq 100 index, which consists mainly of technology stocks, decreased by 0.85 percent to 14,783.13 points.
Diplomatic efforts to contain the Middle East conflict continued Thursday. British Prime Minister Rishi Sunak once again assured Israeli Prime Minister Benjamin Netanyahu of Great Britain’s solidarity during his visit to Tel Aviv. However, military conflicts continued.
On the penultimate trading day of the week, investors again paid more attention to monetary policy. With just two weeks until the next interest rate decision, US Federal Reserve Chairman Jerome Powell left open the possibility of continuing interest rate hikes as part of the fight against high inflation.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
