From Zee Business: 2024-05-23 23:45:01

US markets closed weak on Wednesday with the Dow Jones dropping 600 points. This decline was attributed to concerns about rising inflation and interest rates. The S&P 500 and Nasdaq also saw losses, with technology stocks being hit particularly hard. The drop in the market came after the Federal Reserve hinted at raising interest rates sooner than expected. Investors are keeping a close eye on the situation as they assess the impact on the economy and corporate profits.



Read more at Zee Business: US Markets Close Weak: Dow Jones Drops 600 Points – Zee Business