TechDow reportedly falls 1.21% as Fed signals possible further rate hikes in 2026
Asiae says tech and semiconductor stocks held up relatively well despite the broader market decline on September 16, with Nvidia and SK Hynix ADRs closing higher.
TLDR
Asiae reports that all three major U.S. stock indexes closed lower on September 16, 2026, with the Dow down 1.21%, after the Fed raised its benchmark rate and signaled possible further hikes that year. It says tech and semiconductor stocks held up relatively well, with Nvidia and SK Hynix ADRs finishing higher.
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Dow reportedly falls 1.21% as Fed signals possible further rate hikes in 2026
Asiae says tech and semiconductor stocks held up relatively well despite the broader market decline on September 16, with Nvidia and SK Hynix ADRs closing higher.
TLDR
Asiae reports that all three major U.S. stock indexes closed lower on September 16, 2026, with the Dow down 1.21%, after the Fed raised its benchmark rate and signaled possible further hikes that year. It says tech and semiconductor stocks held up relatively well, with Nvidia and SK Hynix ADRs finishing higher.