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Wall Street extends losses on rate hike worries; Dow falls over 200 pts

Traders expect 75bps rate hike in September; Dow Inc falls after Keybanc cuts to 'underweight'

Topics
Wall Street | Dow Jones

Reuters 



Wall Street
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City (Photo: Reuters)

US stock indexes fell on Monday, adding to a sharp selloff last week as investors worried about the Federal Reserve's plan to keep raising interest rates in its fight against inflation even at the cost of an economic slowdown.

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First Published: Mon, August 29 2022. 19:11 IST

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