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First Financial 2022-11-03 13:26:03
Editor in charge: Zhu Mengyun
The expectation of the Fed raising interest rates by 75 basis points “boots fell”, and the three major stock indexes in the New York stock market fell across the board yesterday. As of the close, the Dow fell 1.55%, the S&P 500 fell 2.50%, and the Nasdaq fell 3.36%. Leading technology stocks fell collectively. Facebook parent company Meta fell nearly 5%, and its stock price hit a new low in seven years. How do you view the impact of interest rate hike news on U.S. stocks? Will U.S. stocks continue to bottom out?
Zheng Dong: The Fed’s statement that the timing of the policy change is not ripe, causing market concerns
The expectation of the Fed raising interest rates by 75 basis points “boots fell”, and the three major stock indexes in the New York stock market fell across the board yesterday. As of the close, the Dow fell 1.55%, the S&P 500 fell 2.50%, and the Nasdaq fell 3.36%. Leading technology stocks fell collectively. Facebook parent company Meta fell nearly 5%, and its stock price hit a new low in seven years. How do you view the impact of interest rate hike news on U.S. stocks? Will U.S. stocks continue to bottom out?