The surge in the number of initial jobless claims in the United States eased Wall Street’s concerns regarding the Federal Reserve’s aggressive interest rate hike. US stocks opened in the red in early trading on Thursday (20th), but during the intraday period, the US Senate voted to advance the antitrust bill, technology stocks turned sharply, and US stocks All the gains in early trading were wiped out, and the four major indexes turned black. The Nasdaq closed down 1.3%, and the Nasdaq 100 index also fell into correction.
Political and economic news, the U.S. Senate Judiciary Committee voted 16 to 6 to advance the American Innovation and Choice Online Act (The American Innovation and Choice Online Act), which aims to limit the use of dominance by large Internet technology companies. hindering the growth of small tech companies’ market share.
U.S. Treasury Secretary Janet Yellen said on Thursday that if the outbreak is contained, she believes the Federal Reserve and the Biden administration will take the necessary steps to reduce inflation in 2022.
The Federal Reserve (Fed) released the highly anticipated figures on ThursdayDollarAccording to the report, digitalDollarby ensuringDollarRemaining the dominant currency in the international financial system, improving cross-border payments, increasing financial inclusion, and easingDollaruse in new technologies.
Before the deadline, according to data from Johns Hopkins University in the United States, the number of confirmed cases worldwide has exceeded 339 million, and the number of deaths has exceeded 5.57 million. More than 9.84 billion doses of vaccines have been administered in 184 countries worldwide.
The performance of the four major U.S. stock indexes on Thursday (20th):
- The Dow Jones Industrial Average fell 313.26 points, or 0.89%, to 34,715.39 points.
- The Nasdaq lost 186.23 points, or 1.3 percent, to end at 14,154.02.
- The S&P 500 lost 50.03 points, or 1.1%, to end at 4,482.73.
- The Philadelphia Semiconductor Index fell 117.4 points, or 3.25 percent, to 3,494.8.
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