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Benzinga
Benzinga
Business
Lisa Levin

Mid-Morning Market Update: Markets Open Lower; US Jobless Claims Fall To 229,000

United States US Federal Reserve NYSE Interest Rates Nasdaq

U.S. stocks traded lower this morning, after the Federal Reserve raised interest rates by 0.75% on Wednesday.

Following the market opening Thursday, the Dow traded down 2.53% to 29,891.78 while the NASDAQ fell 2.93% to 10,773.95. The S&P also fell, dropping, 2.85% to 3,681.85.

Also check this: 3 Stocks Under $1 Insiders Are Buying

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