Reuters: Wall Street's stock price plummeted Federal Reserve ’s interest rate hike expectation to scare investors Ford leader diving

Author:China Well -off Time:2022.09.22

China Well -off Network September 21 The Laoma US stock market closed down on Tuesday. Because the Federal Reserve's conference is expected to raise interest rates again, this further proves the impact of the Federal Reserve's hopes to control on American companies.

Seeing Wall Street Sales at night

Reuters reports that the Standard 500 Index (.spx), which is the benchmark of the stock market, has fallen 19.1%so far this year, as investors worry that the Fed's radical tightening policy may cause the US economy to decline.

The index was closed below 3,900 points for the third consecutive trading day: Technical analysts believe that this level constitutes a strong support for the index.Ford Motor Co shows.

Ford's stock price plummeted 12.3%, the largest single -day decline since 2011. Previously, the company stated that the impact of inflation over $ 1 billion in $ 1 billion exceeded expectations and delayed the delivery of some vehicles to the fourth quarter due to the shortage of components.

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