The latest interest rate resolution and economic forecasts from the Federal Reserve are still fermenting,

The latest interest rate resolution and economic forecasts from the Federal Reserve are still fermenting,

The weekly application for unemployment benefits is at its lowest level since January this year, which has also raised market concerns

The US dollar index lost its upward momentum and slightly declined

On Thursday (September 21), the US stock market recorded its biggest decline since March, while the yield of 10-year US treasury bond bonds climbed, because the latest data of the labor market strengthened the reason why the Federal Reserve kept interest rates high for a long time. The 'fear index' VIX on Wall Street has continued to soar from its lowest point since 2020 hit last week.

The S&P 500 index fell 1.6%. All major stock market benchmarks in the United States have fallen below the key 100 day moving average, which some technical analysts believe is a bearish signal. The decline of large stocks such as Amazon and Nvidia. Cisco's stock price fell after agreeing to acquire Splunk for $28 billion. As a barometer of economic growth, FedEx's stock price has risen due to optimistic predictions.