On November 17th local time, Federal Reserve Chairman Yelen attended a hearing held by the United Economic Committee of the United States Congress at Washington to look forward to the US economic situation. Photo by Zhang Weiran, China News Service reporter
, China News Service, December 15, According to foreign media reports, on the 14th local time, the Federal Reserve raised interest rates for the first time this year, pushing up the US dollar. Affected by this, the stock price of Wall Street fell, and global oil prices fell sharply.
It is reported that at the close of the market on the 14th, Wall Street stock market fell, ending the momentum of Dow Jones Industrial Index closing to a new high for seven consecutive days. The Dow Jones Industrial Average fell 118.68 points or 0.60%, closing at 19,792.53 points.
S&P 500 index fell 18.44 points or 0.81%, closing 2253.28 points.
Nasdaq index fell 27.157 points or 0.50%, closing 5436.672 points. 1051215
In addition, oil prices have also suffered a heavy blow due to the news of interest rate hikes. The January futures price of West Texas Intermediate crude oil in New York market fell $1.94 to close at $51.04 a barrel.
London market North Sea Brent crude oil's February futures price fell $1.82 to close at $53.90 a barrel.
