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Interest Rate Concerns Contribute To Continued Weakness On Wall Street

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

After ending the previous session mostly lower, stocks saw further downside during trading on Wednesday. The major averages all decreased on the day, with the tech-heavy Nasdaq showing a notable decline.

The major averages climbed off their worst levels in afternoon trading but remained firmly negative. The Nasdaq tumbled 148.48 points or 1.1 percent to 13,872.47, the S&P 500 slid 31.35 points or 0.7 percent to 4,465.48 and the Dow fell 198.78 points or 0.6 percent to 34,443.19.

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