Obviously, investors are not taking the news of
Posted: Sat Jan 04, 2025 4:57 am
03.2024 The valuation of American companies fell by $1.5 trillion in one day Stock market crash Giorgi Tolordava 19.12.24 23:55 • 684 The past trading session was particularly negative for the American stock market, more specifically, the total market valuation of the largest companies decreased by approximately $1.5 trillion. Such a sharp decline was caused by a 3% decrease in the S&P500, Dow Jones and Nasdaq indices, which, in turn, was caused by the decision of the US Federal Reserve.
As you know, yesterday the FED reduced the refinancing rate by 25 basis points to 4.5%, which was fully consistent with investor expectations, although analysts did not expect what the head of the FED said at a press new zealand fax data conference. According to Jerome Powell, in 2025 the Federal Reserve will most likely carry out one less intervention than expected, which means that monetary policy will be tighter than predicted.
continued tight monetary policy positively, as it indicates an increase in the cost of loans and a restriction on access to capital, and this fact itself has a negative impact on the valuation of companies, which is why we saw a $1.5 trillion drop yesterday. FED USA Investments Stock exchanges Similar news Xi Jinping Chinese President Meets with American Investors, CEOs, and Academics – What Did the Parties Talk About? 22:40 - 27.
As you know, yesterday the FED reduced the refinancing rate by 25 basis points to 4.5%, which was fully consistent with investor expectations, although analysts did not expect what the head of the FED said at a press new zealand fax data conference. According to Jerome Powell, in 2025 the Federal Reserve will most likely carry out one less intervention than expected, which means that monetary policy will be tighter than predicted.
continued tight monetary policy positively, as it indicates an increase in the cost of loans and a restriction on access to capital, and this fact itself has a negative impact on the valuation of companies, which is why we saw a $1.5 trillion drop yesterday. FED USA Investments Stock exchanges Similar news Xi Jinping Chinese President Meets with American Investors, CEOs, and Academics – What Did the Parties Talk About? 22:40 - 27.