Share

US stocks fall on worries of higher Fed rates

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
loading...
Loading, please wait...
(Shutterstock)
(Shutterstock)

New York - Wall Street stocks finished lower on Tuesday after positive economic data lifted speculation the US Federal Reserve could move more quickly to raise interest rates.

The Dow Jones Industrial Average fell 104.90 points (0.58%) to 18 011.14.

The broad-based S&P 500 fell 12.92 (0.61%) to 2 091.50, while the tech-rich Nasdaq Composite Index dropped 16.25 (0.32%) to 4 994.73.

Read this for free
South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
Try our free 14-day trial
Already a subscriber? Sign in
heading
description
username
Show Comments ()
Rand - Dollar
19.19
-0.4%
Rand - Pound
23.90
-0.5%
Rand - Euro
20.52
-0.3%
Rand - Aus dollar
12.46
-0.5%
Rand - Yen
0.12
-0.2%
Platinum
916.30
-0.4%
Palladium
1,011.00
-1.5%
Gold
2,327.80
+0.3%
Silver
27.28
-0.1%
Brent Crude
88.42
+1.6%
Top 40
68,574
+0.8%
All Share
74,514
+0.7%
Resource 10
60,444
+1.4%
Industrial 25
104,013
+1.2%
Financial 15
15,837
-0.4%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders