Wednesday, 11 March 2015

Dow Jones crashes 300 points on speculation of hike in interest rates

Asian market are mixed again with Nikkei higher and Hong Kong's Hang Seng lower.

US indices traded lower on Tuesday, with Dow Jones tumbling 333 points, to close at 17,663, in its worst drop since October 9, 2014. Speculation was rife in markets that the U.S. Federal Reserve could raise interest rates sooner than previously thought. 
Mature-Businessman-Looking-At-Computer
Dow, crashed 1.85% while S&P 500 slumped 1.7%. Nasdaq was down 1.67%. Britain's FTSE 100 dived sharply, closing 2.5% lower.
Asian market are mixed again with Nikkei higher and Hong Kong's Hang Seng lower. 
China's Shanghai index is also higher.

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