Connect with us

Hi, what are you looking for?


US stock market crash. Dow Jones lowest level in more than a year

Od początku roku indeks stracił na wartości ponad 18 proc. (fot. Mario Tama/Getty Images)

Wall Street sells stocks after the Federal Reserve’s decision to raise interest rates. The Dow Jones Industrial Average hit its lowest level since January 2021, as its value fell below 30,000 points.

A massive increase in gas prices in the European market. We know the reasons

Gas in the Dutch TTF hub increased significantly due to reduced supplies via the Nord Stream 1 gas pipeline. Delivery contracts in July in two days…

see more

On Wednesday, the Federal Reserve decided to raise interest rates by 75 basis points. This was the highest rate hike since 1994, despite the Federal Reserve raising interest rates in the last two meetings. by 25 basis points and 50 basis points, respectively. The reason for the increases is to fight inflation, which reached 8.6% in May according to the Consumer Price Index.

At first, all Wall Street indices improved, and the session on the stock exchange ended with the first gain in several days.

However, the enthusiasm in the stock market was short-lived. The Dow Jones Industrial Average, one of the most important stock indexes for companies listed on the New York Stock Exchange, fell more than 600 points on Thursday and It was below the main level of 30,000 pointsInvestors fear that the Federal Reserve’s more aggressive stance on inflation will lead the economy into a recession.

The index reached its lowest level since January 2021 and it is not known when the series of declines will end. Since the beginning of this year, its value has fallen by more than 18 percent.

See also  What do you do when inflation is high? Warren Buffett has advice - not necessarily for investors

The Dow Jones Industrial Average is one of the most important stock indices for companies listed on the New York Stock Exchange and Nasdaq, that is, the stock exchange in the United States. It includes 30 major American companies.


TVP INFO mobile application for mobile devicesTVP INFO mobile application for mobile devices


#Stock market


# Wall Street

#Dow Jones

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like


Another person familiar with Sony’s plans confirms the killer news for PS5 owners. Horizon Forbidden West is not expected to appear on the market...


The British government has canceled a recommendation to avoid travel to and from the eight regions most affected by the Indian coronavirus variant altogether....


It looks like Tesla wants to use lasers instead of standard wipers in the future. I applied for a patent for this solution. The...


Farmer reveals government plans for CPK The farmer who issued the documents is a member of the social council of the CPK. As he...