US stock indices fell today, Tuesday, September 6, 2022, in (the beginning of trading week), following trading stopped Monday on an official holiday in celebration of Labor Day in the United States.
American indices in the session Tuesday, September 6, 2022
The Dow Jones Industrial Average declined 0.5%, or 173 points, to record 31,145 points.
The broader “Standard & Poor’s 500” index also fell by 0.4%, or 16 points, to record 3908 points.
The Nasdaq index fell 0.7%, or 86 points, to the level of 11,544 points, the longest losing streak since 2016.
Investors fear an interest rate hike
The US stock market was negatively affected by the rise in the yield on US 10-year Treasury bonds, to 3.3% for the first time since last June.
Investors are increasingly expecting the US Federal Reserve to raise the interest rate by 75 basis points at the current September meeting, following two increases at the same pace last June and July.
European and Japanese stocks in the session Tuesday, September 6, 2022
With regard to European markets, during the session of Tuesday, September 6, 2022, the “Stoxx 600” index rose by 0.2%, equivalent to one point, recording the level of 414 points, and the French “CAC” index rose by 0.2%, or the equivalent of 11 points, recording the level of 6104 points.
The German “DAX” index rose 0.9% by regarding 110 points at the level of 12,871 points, and the British “FTSE 100” index rose 0.2%, or 13 points, to record 7,300 points.
In Japan, the “Nikkei” index settled at the level of 27,626 points, while the broader “TOPIX” index fell by 0.1%, to record 1926 points.
