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Stocks New York Conclusion: Tech stocks suffer from corona and interest rate worries

news-source="dpa-afx">

NEW YORK (dpa-AFX) – Investors on Wall Street have shifted back into reverse after the recent price gains. On Monday, the cyclically sensitive technology stocks in particular came under pressure. Investors acted more cautiously because of the continued smoldering uncertainty surrounding the Omikron coronavirus variant. In addition, at the beginning of the week, the market felt the fear of a tightened monetary policy to combat the unbroken high inflation.

The Dow Jones Industrial fell 0.89 percent to 35,650.95 points on Monday. The market-wide S&P 500 lost 0.91 percent to 4668.97 meters. The technology-oriented Nasdaq 100 fell 1.53 percent to 16,082.55 points./la/men

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