Wall Street declines amid uncertainty about interest rates

Economies.com
2022-12-06 15:02PM UTC

US stock indices declined on Tuesday amid uncertainty about the Federal Reserve's monetary policies. 

 

It comes after US payrolls data showed increased growth in the labor market, which feeds inflation.

 

Such data sparked questions about whether the Fed will continue the current brisk pace of policy tightening.

 

Dow Jones fell 0.2%, or 72 points to 33,875 as of 15:00 GMT, while S&P 500 fell 0.6%, or 24 points to 3,975, as NASDAQ fell 1.1% to 121 points to 11,118. 

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