Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Around the World's Markets: New York

Thursday 22 July 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.

WALL STREET fell sharply yesterday in reaction to a fresh warning from Alan Greenspan that shares had reached "unsupportable" levels. The Dow Jones index was down 122 points at 10,880.57 by midday, with hi-tech stocks such as Amazon and Microsoft leading the way.

The Fed chairman gave a clearer than expected signal that US rates would soon rise to prevent the economy from expanding unsustainably and pre- empt higher inflation.

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