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NEW YORK (dpa-AFX) – The Dow Jones Industrial (Dow Jones 30 Industrial) extended its recent losses on Monday. The major US index only briefly peeked into the profit zone before the mood changed again. The stock market nervousness remained high. New statements from central bankers fueled investor fears of further significant rate hikes by the Fed in the fight against high inflation and related economic downturn. Rising yields held back the bond market, resulting in uncertainty.
The Dow fell 1.11% to 29,260.81 points. Meanwhile, the stock market barometer has fallen to its lowest level since November 2020.
The market-wide S&P 500 fell 1.03% to 3655.04 points. The NASDAQ 100 Technology Index fell 0.51% to 11,254.11 points / l (s)
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