{"id":64343,"date":"2022-04-23T03:05:24","date_gmt":"2022-04-22T23:05:24","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=64343"},"modified":"2022-04-23T03:10:39","modified_gmt":"2022-04-22T23:10:39","slug":"us-shares-fall-on-worst-day-since-march-on-risk-aversion","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/us-shares-fall-on-worst-day-since-march-on-risk-aversion\/04\/23\/market-updates\/","title":{"rendered":"US shares experience worst day since March on risk aversion"},"content":{"rendered":"\n<p>US equities finished the week with substantial losses, reflecting a gloomy market mood amid concerns that the Fed would hike rates aggressively and high US Treasury yields. The S&amp;P 500, the Dow Jones Industrial, and the tech-heavy Nasdaq Composite nose-dived recording losses between 2.6% and 2.8%, each sitting at 4,271.78, 33,811.40, and 12,839.29, respectively.<br> <br>The market sentiment finished downbeat as the Federal Reserve prepared to lift rates to the 1% threshold. US central bank officials crossed the wires throughout the week and expressed that they favor a 50-bps lift to the Federal Funds Rate (FFR) at the May 4-5 meeting. It is expected to be a unanimous decision, as Fed Chair Powell gave the green light on Thursday, saying that a 50-bps increase is \u201con the table.\u201d<br><br>In the meantime, the greenback remains in the driver\u2019s seat, as depicted by the US Dollar Index, rising 0.49%, sitting at 101.118, while US Treasury yields, led by the 10-year benchmark note, finished flat at 2.903%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US equities finished the week with substantial losses, reflecting a gloomy market mood amid concerns that the Fed would hike rates aggressively and high US Treasury yields. The S&amp;P 500, the Dow Jones Industrial, and the tech-heavy Nasdaq Composite nose-dived recording losses between 2.6% and 2.8%, each sitting at 4,271.78, 33,811.40, and 12,839.29, respectively. The &hellip;<\/p>\n","protected":false},"author":13,"featured_media":31849,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7192,6885,6901,8477,516,7442],"class_list":["post-64343","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-dow","tag-fed","tag-nasdaq","tag-risk-aversion","tag-sp-500","tag-us-shares"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=64343"}],"version-history":[{"count":3,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64343\/revisions"}],"predecessor-version":[{"id":64348,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/64343\/revisions\/64348"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31849"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=64343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=64343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=64343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}