[Breaking] New York Stock Market Falls on Tightening Concerns... Nasdaq Down 0.96%

[Asia Economy New York=Special Correspondent Joselgina] Major indices of the U.S. New York stock market all closed lower on the 19th (local time) as concerns spread that the central bank, the Federal Reserve (Fed), would continue to raise the benchmark interest rate despite signs of slowing inflation.

On that day in the New York stock market, the Dow Jones Industrial Average fell 0.76% compared to the previous session. The S&P 500, centered on large-cap stocks, dropped 0.76%, and the Nasdaq, focused on technology stocks, closed down 0.96%.