/* */
The US stock indexes S&P 500 and Nasdaq Composite ended Wednesday's session in the red, as the market mood was negatively affected by the decision of the Central Bank of Canada to raise the rate. Yesterday, the Bank of Canada unexpectedly raised its key interest rate by 25 basis points (bp), to the highest since 2001 of 4.75% per annum. The Central Bank suspended the policy tightening cycle in January, and experts believed that it would not return to the rate hike in June. A day earlier, the Central Bank of Australia unexpectedly increased the rate. These steps have increased the anxiety of investors ahead of the meeting of the Federal Reserve System (FRS), which will be held next week. According to analysts, the chances that the Fed will increase the base rate by 25 bps are estimated by the market at about 30%. As a result, the Dow Jones Industrial Average increased by 91.74 points (0.27%) and amounted to 33665.02 points. The leaders of growth among the companies included in the calculation of the indicator were Caterpillar Inc. shares, which rose by 3.9%, and the leader of the decline was Salesforce Inc. securities, which fell by 3.4%. The Standard & Poor's 500 fell by 16.33 points (0.38%) to 4,267.52 points. The Nasdaq Composite fell 171.52 points (1.29%) to 13,104.89 points.
QUICK LINKS
ForexMart is authorized and regulated in various jurisdictions.
(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines
Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.
Contact Us 
