Tech Stocks Set for Further Losses on Rate-Rise Worries – The Wall Street Journal

Stocks dropped in early Friday trading with investors assessing the potential impact of policy shifts by the world’s largest central banks on inflation and growth.

The S&P 500 fell 0.8%, with all 11 sectors in the red. The Dow Jones Industrial Average weakened 1.2%, or about 415 points. The Nasdaq Composite Index fell about 0.3%. Markets were dragged down by concerns about the possibility of higher interest rates in the future.

Leave a comment

Your email address will not be published. Required fields are marked *