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Wall Street inches down for third day as growth concerns weigh on tech

Focus Malaysia LogoFocus Malaysia1w ago

Wall Street inches down for third day as growth concerns weigh on tech - Focus Malaysia

Quick Summary:

MAJOR Wall Street indexes ended lower on Thursday, falling for a third straight session as investors reacted to the US Federal Reserve’s latest aggressive move to rein in inflation by selling growth stocks, including technology companies.

The Dow Jones Industrial Average fell 107.1 points or 0.35% to 30,076.68, the S&P 500 lost 31.

Major US airlines which have enjoyed a rebound amid increased travel as pandemic restrictions end were also down with United Airlines and American Airlines falling 4.6% and 3.9% respectively.


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Article Details

Author / Journalist: Reuters

Category: InvestingMarkets

Topics: Markets Top

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22, 22:30:08

News Timezone: GMT +8:00

News Source URL: focusmalaysia.my

Language: English

Reading Time: 4 minutes read

Article Length: 561 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 479376

View Article Analysis

About Focus Malaysia

Focus Malaysia Logo

Main Topics: InvestingMarkets

Official Website: focusmalaysia.my

Update Frequency: 17 posts per day

Year Established: 2012

Headquarters: Malaysia

News Last Updated: 16h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #16

Publisher Details

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