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US indices fall after Powell’s statements

Major US stock indexes are confirmed on the downsideafter Statements by FED Chairman Jerome Powell, in the US Senate. The banker signaled that interest rates should be higher than previously anticipated, as the battle against inflation is not over yet. .

At 19.35 the Dow Jones was down 1.38% to 32,972 points, while the S&P500 lost 1.17% to 4,001 points. Minus sign also for the Nasdaq (-0.67% at 11,597 points).

META Platforms is confirmed in positive territory (+0.57% to $185.95). According to some rumors, the job cuts expected for the group headed by Mark Zuckerberg could be more drastic than expected.

In general, I’m down on financial sector stocks. The declines of Goldman Sachs and Jp Morgan Chase stand out, losing respectively 2.2% and 2.85%.

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