-->

Home › AMERICA

Stock markets drop as Wall Street takes a gloomy view of the economy

By News September 24, 2022 Add Comment Edit

Traders work on the floor of the New York Stock Exchange on September 21, 2022 in New York City. Stocks dropped in the final hour of trading after Federal Reserve Chairman Jerome Powell announced that the Federal Reserve will raise interest rates by three-quarters of a percentage point in an attempt to continue to tame inflation.

The Dow fell more than 500 points in morning trading on Friday to a low not seen for nearly two years.

(Image credit: Michael M. Santiago/Getty Images)

0 Response to "Stock markets drop as Wall Street takes a gloomy view of the economy"

Post a Comment

Subscribe to: Post Comments (Atom)