<\/p>\n
s The Dow Jones Industrial Average lost more than 200 points when it closed the opening session of the week yesterday, Monday, March 21st, after the statements of US Federal Reserve Chairman Jerome Powell during the session pressured US markets, as Powell confirmed that the bank is ready to go to any extent of tightening in order to address inflation. <\/span><\/span><\/p>\n The high. In his speech to the National Association for Business Economics, Powell stated that the bank would take everything necessary to reduce the inflation rate in the United States of America, including a faster raising of interest rates than it was previously. <\/span><\/span><\/p>\n Market bets rose after these statements, raising the pricing of futures contracts, according to the CME fedWatch tool, to more than 63%, to raise interest rates by 50 basis points in the next May meeting, which put pressure on the US stock markets.<\/span><\/span><\/p>\n In terms of stock movement, Boeing’s stock fell by about 3.60% when it closed the session at levels of 185.90 dollars after the crash of one of its Boeing 737 aircraft in China, which renewed concerns about safety and security factors. <\/span><\/span><\/p>\n <\/p>\n The Dow Jones Industrial Average closed down by about (201) points at the close at 34.552 levels, a loss of about 0.58%, and is now trading in the futures for today’s session at 34.397, down by 57 points. <\/span><\/span><\/p>\n While the S&P 500 index recorded declines at the closing at 4.461 levels, down by about (2) points or 0.04%, and it is now trading in futures at 4.534 levels, down by about 14 points. <\/span><\/span><\/p>\n While the Nasdaq index recorded declines by (55 points), to close the session at 15.838 points, recording losses of about 0.40%, and it is now trading in the futures, down by about 63 points.<\/span><\/span><\/p>\n <\/p>","protected":false},"excerpt":{"rendered":" s The Dow Jones Industrial Average lost more than 200 points when it closed the opening session of the week yesterday, Monday, March 21st, after the statements of US Federal Reserve Chairman Jerome Powell during the session pressured US markets, as Powell confirmed that the bank is ready to go to any extent of tightening […]<\/p>\n","protected":false},"author":1,"featured_media":3662,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"nf_dc_page":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-3661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-18"],"acf":[],"yoast_head":"\n