Below is an extract of a post published on Guardian titled "US stock markets drop amid interest rates hike and looming shutdown"
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Via: Guardian
Also disappointing financial results spooked investors as US stock markets dropped more than 1% by noon, with the S&P 500 languishing at 15-month lows US stock markets joined a global sell off on Thursday following news that the Federal Reserve would continue its planned interest rate hikes, a government shutdown loomed and disappointing financial results spooked investors. The major US stock markets had all dropped more than 1% by noon on Thursday, with the S&P 500 languishing at 15-month lows. Continue reading…