[Breaking] New York Stock Market Closes Down Around 1% Amid Concerns Over Tightening and Recession
[Asia Economy New York=Special Correspondent Joselgina] The major indices of the US New York Stock Exchange closed down around 1% on the 16th (local time) as concerns over the Federal Reserve's tightening and economic recession persisted.
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On that day, the Dow Jones Industrial Average closed down 0.85% compared to the previous session. The S&P 500, centered on large-cap stocks, fell 1.12%, and the Nasdaq, focused on technology stocks, closed down 0.97%.
This content was produced with the assistance of AI translation services.
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