Arab Today, arab today us stocks end sharply lower after volatile session
Last Updated : GMT 16:24:37
Arab Today, arab today
Arab Today, arab today

US stocks end sharply lower after volatile session

Arab Today, arab today

Arab Today, arab today US stocks end sharply lower after volatile session

Wall Street stocks
New York - AFP

Wall Street stocks Wednesday finished a volatile session sharply lower as worries about the strong dollar and falling oil prices outweighed some strong earnings reports.
At the closing bell, the Dow Jones Industrial Average stood at 17,197.54, down 189.67 points (1.09 percent).
The broad-based S&P 500 slumped 27.08 (1.33 percent) to 2,002.47, while the tech-rich Nasdaq Composite Index fell 43.50 (0.93 percent) to 4,637.99.
"The underlying condition of the market is still weak," said Mace Blicksilver, director of Marblehead Asset Management.
Equity markets fell decisively in the last hour of trade, as markets weighed the US Federal Reserve's policy statement, in which it described US economic growth as "solid" but pledged a "patient" approach to raising interest rates.
Analysts said the Fed statement kept alive the chance of a Fed rate hike in 2015, which Blicksilver called "very worrisome" because it would further lift the dollar.
Other worries include a new multi-year low for oil prices and uncertainty due to the Greek election.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us stocks end sharply lower after volatile session Arab Today, arab today us stocks end sharply lower after volatile session

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today us stocks end sharply lower after volatile session Arab Today, arab today us stocks end sharply lower after volatile session

 



Arab Today, arab today Etiquette expert calls for short visits

GMT 16:21 2017 Monday ,26 June

Etiquette expert calls for short visits
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 11:09 2017 Sunday ,25 June

HUAWEI P10 the ‘guru’ of portrait shots
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday