The major Wall Street indicators began trading today, Wednesday, ahead of the Federal Reserve’s (US Central Bank’s) interest rate announcement.
Fears that the central bank would maintain its tight strategy of rising interest rates in the future have increased as a result of a rise in salaries in the private sector.
The Standard & Poor’s index dropped 500 by 3. 20 points or 0. 08% to 3852. 90 points, the Dow Jones Industrial Index dropped 76. 92 points or 0. 24% to 32576. 28 points, and the Nasdaq Composite index dropped 5.
to 10885.01 points, 84 points or 0.05 percent.
As the Federal Reserve choices approach, Wall Street starts to decline.
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