Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Dow Jones falls below 36,000 in early trading

Economies.com
2022-01-11 15:31PM UTC

Most of the US stocks fell in early trading on Tuesday, amid anticipation of Federal Reserve Chairman Jerome Powell's testimony.


Fed officials recently stressed that they expect to start raising interest rates by the next March meeting.



Powell will testify before the US Congress on monetary policy, economic developments, the labor market, and the inflation rate.



The Federal Reserve meeting minutes showed discussions between members in December about the possibility of accelerating rate hikes to counter the mounting inflationary pressures.



As for stocks, Dow Jones fell 0.5% or 180 points to 35,888 points as of 15:27 GMT, S&P 500 fell 0.3% or 12 points to 4,657 points, and Nasdaq rose 0.2% or 30 points to 14,973 points.

American Markets News

Americas News

Markets

Wall Street opens lower on US-Iran conflict updates, corporate results
2026-04-27 13:55PM UTC
Major Wall Street indices opened slightly lower on Monday as uncertainty persisted regarding peace ...
Americas News

Markets

Wall Street dips on Middle East tensions, mixed corporate results
2026-04-23 15:13PM UTC
Major U.S. stock indices edged lower on Thursday as investors awaited clearer signals regarding the ...
Americas News

Markets

NASDAQ, S&P 500 drop amid mounting US-Iran tensions
2026-04-20 14:43PM UTC
The S&P 500 and Nasdaq Composite retreated from record highs on Monday following a strong Wall ...