Wall Street indices close down as interest rate concerns ‎persisted

The performance of the main indices on Wall Street varied at the close today, Monday, amid pressure from investors’ fears that monetary tightening from the Federal Reserve (the US central bank) would harm the country’s economy, and with Pfizer shares falling after its decision to abandon the development of a weight-loss drug. ,

According to “Reuters”, the Dow Jones industrial average dipped 12.7 points, or 0.04 percent to end at 33,714 points, while the Standard & Poor’s 500 index fell by 19.51 points, or 0.45 percent, to 4,328.82.

The Nasdaq Composite Index fell 156.74 points, or 1.16 percent, to 13,335.78.