Dow Jones, S&P 500, Nasdaq: Wall Street in the Minus – High Losses in Individual Stocks
The major US stock market indexes are falling again. On Wall Street, the increase in producer prices in August is fueling speculation about an imminent interest rate hike by the Fed.
US stock markets continued to decline on Thursday, with the Dow Jones falling 0.5% to 52,125 points, the S&P 500 down 0.6% to 7,586 points, and the Nasdaq Composite dropping 0.4% to 26,139 points. The decline was attributed to the release of producer price data for August, which dampened investor sentiment. Meanwhile, oil prices rose, with Brent crude exceeding $107 per barrel, as Iranian Revolutionary Guard commander stated Tehran's readiness for "blitz offensives" to defend the country. The price of US WTI crude also increased, rising above $100 per barrel.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
