Wall Street tumbles as investors see earlier rate hike


(Reuters) – U.S. stocks dropped on Tuesday, giving the S&P 500 its biggest decline in two months, on strengthening views the Federal Reserve may raise rates as early as June.

The Dow Jones industrial average fell 332.78. points, or 1.85%, to 17,662.94, the S&P 500 lost 34.91 points, or 1.68%, to 2,044.52 and the Nasdaq Composite dropped 82.64 points, or 1.67%, to 4,859.80.

The S&P 500 and Dow turned negative for the year and the S&P 500 was off more than 3% from its March 2 record closing high. The Nasdaq has fallen more than 2% from its 15-year peak, also reached on March 2.

Concerns over Greece’s debt talks added to the day’s weakness, which took the S&P 500 below its 50-day moving average, a sign of weak near-term momentum.

The U.S. dollar index rose 0.98% and was on track for its fourth rise of the past five sessions…

Voir l’article original 108 mots de plus


Laisser un commentaire

Choisissez une méthode de connexion pour poster votre commentaire:

Logo WordPress.com

Vous commentez à l'aide de votre compte WordPress.com. Déconnexion /  Changer )

Photo Google+

Vous commentez à l'aide de votre compte Google+. Déconnexion /  Changer )

Image Twitter

Vous commentez à l'aide de votre compte Twitter. Déconnexion /  Changer )

Photo Facebook

Vous commentez à l'aide de votre compte Facebook. Déconnexion /  Changer )

Connexion à %s