While the market is worried about the banking crisis, the US Federal Reserve (Fed) decided to raise interest rates by 1 yard. So far, it has raised interest rates for 9 times in a row. The major US stock indexes closed in black today.
The Dow Jones Industrial Average fell 530.49 points, or 1.63%, to close at 32030.11 points.
The S&P 500 fell 65.90 points, or 1.65%, to close at 3936.97.
The Nasdaq Composite Index fell 190.15 points, or 1.60%, to close at 11669.96 points.
The Philadelphia Semiconductor Index fell 25.18 points, or 0.81%, to close at 3091.71 points. (Translator: Chen Zhengjian) 1120323