Investors on Wall Street are stepping on the brakes

new York Investors on Wall Street started the week down after the recent rally. The Dow Jones index of standard values ​​closed 0.6 percent lower on Monday at 33,536 points. The tech-heavy Nasdaq fell 1.1 percent to 11,196 points. The broad S&P 500 lost 0.9 percent to 3957 points.

Speculations about less aggressive interest rate hikes by the US Federal Reserve were dampened: Stockbrokers shouldn’t focus on the pace, but on the top interest rate of the current hike cycle, warned Fed banker Christopher Waller. And that is still a long way off. In doing so, the currency watchdog contained the speculation that had skyrocketed after the weakening of price pressure in the USA on a decreasing interest rate pressure, which had previously driven the purchase of shares.