Daily Info Economy

The daily source of information on the world economy


Tuesday, January 30, 2018

Wall Street breaks bullish streak and absorbs impact of interest rates

Wall Street complete the string of historical highs of the previous 3 days and closed on Mon with the steepest decline to date in 2018, wedged by the rebound within the yield of reference interest rates between fears of an increase in inflation.

On the day, the Dow Jones yielded 0.67%, to 26,439.48 integers; whereas the selective S & P 500 fell 0.67% to 2,853.53 units, and also the NASDAQ composite index fell 0.52% to 7,466.51 units.

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