TELETRADER News
9/21, 1:32 PM
(Source: TeleTrader)
Dow plunges 200 pts amid Fed's decision-related fears
The Dow Jones Industrial Average went down by more than 200 points during Thursday's premarket after the United States Federal Reserve decided to keep the key interest rate the same. The move sparked concerns with shareholders that the rates may remain elevated for longer than anticipated.
The Dow Jones declined 0.59% or 201 points at 7:31 am ET. At the same time, the Nasdaq 100 lost 1.02%, and the S&P 500 decreased 0.80%.
The euro lost 0.20% against the dollar at 7:25 am ET to sell for $1.06390.