Big US Stock Market Crash After Fed Statement – E24



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Arrows on Wall Street point down after signals from the US Federal Reserve on the way forward.

BELOW: Thursday begins with a drop in the main stock exchanges of the country with the largest economy in the world.

Maria Altaffer / AP

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After a completely red Wednesday, there is a negative continuation in the US stock exchanges on Thursday. According to CNBC, this is related to new statements from Fed chief Jerome Powell.

– We will withdraw very little by little the support we have given in times of crisis, he tells NPR.

The reduction will take place over time and with great openness, when the economy is on the way to recover, emphasizes the central bank governor.

At the open, it looks like this for the key indices on Wall Street on Thursday:

  • S&P 500 down 0.47 percent
  • Dow Jones down 0.42 percent
  • Nasdaq Composite down 0.8 percent

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Red backdrop

On Wednesday, all three indices closed lower and several large tech stocks fell sharply.

The next day, there is a crash in the stock markets in much of the world. Chinese tech stocks in particular have fallen after US regulators again threatened to evict companies from US stock exchanges.

Just over two hours before the close of the Oslo Stock Exchange on Thursday, the leading index falls above 1.5 percent.

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The decline is increasing on the Oslo Stock Exchange

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