[Asia Economy New York=Special Correspondent Joselgina] Major indices of the U.S. New York stock market closed lower on the 14th (local time) as the Federal Reserve (Fed) clearly signaled that interest rate hikes will continue next year.



On this day in the New York stock market, the Dow Jones Industrial Average fell 0.42% compared to the previous session. The S&P 500, centered on large-cap stocks, dropped 0.61%, and the Nasdaq, focused on technology stocks, closed down 0.76%.


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