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US market outlook: the Dow average continues to fall and 294 dollars depreciation = interest rate hikes in developed countries, watch out for global ripple effects

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72797169 wrote a column · Oct 9, 2022 01:43
Good evening to all the Mooers! Here's the reading for tonight's NY stock.

●The Dow average continued to fall and began weakening by 294 dollars
● Beware of interest rate hikes in developed countries and global ripple effects = Treasury Secretary Yellen
● The dollar and yen are in a high price range, waiting for US employment statistics later = Tokyo exchange rate overview
— moomoo news US stocks

Market trends

NY stock 7 days (09:31 NY time)
The Dow average depreciated by 294 dollars and continued to fall.
The NASDAQ is also 208 dollars lower.

Featured news

Beware of interest rate hikes in developed countries and global ripple effects

US Treasury Secretary Janet Yellen said on the 6th that central banks around the world must continue to eradicate inflation, but it is necessary to recognize the possibility that the effects of monetary tightening will spread to the world economy.

FX

Nervous ahead of announcing US employment statistics, dollar buying ahead will be adjusted afterwards = London Exchange Rate Overview
   This news is reprinted from Minkabu (FX/Exchange).
This news is reprinted from Minkabu (FX/Exchange).
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