The Federal Reserve raised interest rates by 25 basis points, causing the three major stock indexes in the US to close lower, and cryptocurrency concept stocks to generally decline
The Federal Reserve raised interest rates by 25 basis points, and the three major US stock indexes closed lower on Wednesday. The Dow Jones Industrial Average fell 1.2%, the S&P 500 index fell 0.44%, and the Nasdaq fell 0.01%. Intel (INTC. O) rose 4%, SpaceX (SPCX. O) rose 5%, and Goldman Sachs (GS. N) and Boeing (BA. N) fell nearly 4%. In terms of cryptocurrency concept stocks, MSTR fell 2.64%, CRCL fell 6.77%, COIN fell 4.42%, SBET fell 4.20%, BMNR fell 3.26%, and HOOD fell 5.46%. AI interpretation: The Federal Reserve's decision to raise interest rates has directly tightened market liquidity, pushed up the cost of funds, and put pressure on the valuation of risk assets. This interest rate hike has clarified the tightening stance of monetary policy, forcing investors to reassess asset pricing in a high interest rate environment. The negative reaction of the market to the tightening policy was rapid, with funds withdrawing from high-risk sectors, leading to a collective decline in US stocks and cryptocurrency concept stocks. This decision reinforces expectations of a tightening financial environment and suppresses market risk appetite.