Stock market decline
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US Stock Market Closes Lower, Dow Jones Index Plummets on April 4th
According to reports, the US stock market closed with all three major stock indices closing lower. The Dow Jones Index closed down 198.11 points, or 0.59%, at 33403.04 points on Tu
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All three major US stock indexes fell more than 1%
According to reports, the Federal Reserve announced a 25 basis point hike in interest rates, causing intraday volatility in US stocks. The late afternoon plunge led to a collective decline, with the Dow down 1.63%, the Nasdaq down 1.6%, the S&P 500 down 1.65%, most large tech stocks down, Tesla down more than 3%, and Google, Amazon, and Meta Platforms all down more than 1%; Interpretation of this information: On June 16, 2021, the Federal Reserve declared an increase in interest rates by 25 basis points, leading to a stir…