new York With a few hours to go before the Federal Reserve’s interest rate decision on Wednesday, Wall Street investors remained on guard. The Dow Jones index of standard values lost 0.3 percent to 32,544 points. The broader S&P 500 and the Nasdaq index were each 0.5 percent lower at 3,838 and 10,837 points. In the fight against inflation, stockbrokers are firmly assuming the fourth XXL rate hike by the US monetary authorities of 0.75 percentage points in a row.
The focus is therefore on signals that could indicate a lower interest rate hike in December. However, surprisingly strong figures from the labor market dampened such speculation on Tuesday. According to a survey, companies created far more jobs than expected in October. The bottom line was that 239,000 jobs were created, as the personnel service provider ADP announced on Wednesday in its company survey.
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