Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Around the World's Markets

NEW YORK

Monday 02 August 1999 23:02 BST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

STOCKS fell on renewed concern that government reports later this week will give the Federal Reserve reason to raise interest rates soon. An early gain of 125 points by midday evaporated late in the session as investors fretted that a jobs report on Friday will show the economy growing fast enough to stoke inflation.

The Dow Jones average fell by 9.19 points, or 0.1 per cent, to 10,645.96. The Standard & Poor's 500 lost 0.67 points to 1,328.05, and the Nasdaq Composite dropped 14.85, or 0.6 per cent, to close at 2,623.64.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in