Home » Business » US Stock Market Indices Fall on Monetary Policy Concerns – September 28, 2023

US Stock Market Indices Fall on Monetary Policy Concerns – September 28, 2023

America News

Sky News Arabia – Abu Dhabi

14:42 – September 28, 2023Wall Street

The main indices in the US stock market fell at the beginning of trading, Thursday, due to continuing concerns about the extended monetary tightening policy.

Investors are evaluating the economic data with some caution, and are awaiting comments by Jerome Baum, Chairman of the US Federal Reserve.

Stock movements

During the first hour of trading, the Dow Jones Industrial Average fell 30.83 points, or 0.09 percent, to 33,519.44 points.

The Standard & Poor’s 500 index fell by 4.86 points, or 0.11 percent, to 4,269.65 points.

The Nasdaq Composite Index also fell by 49.48 points, or 0.38 percent, to 13,043.37 points.

2023-09-28 14:44:22
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