The US stock market have tumbled again this week as the Federal Reserve’s latest interest rate hike and the threat of a partial US government shutdown fueled investor anxieties.
Wall Street suffered its second straight day of losses on Thursday. A bruising December has set up the US financial markets for its worst year since the economic crisis in 2008.
The US central bank, known as the Fed, raised interest rates on Wednesday for the fourth time this year, spooking investors already worried about slowing economic growth.
The Dow Jones Industrial Average ended 2.0 percent lower at 22,859.60, a loss of 460 points.
The S&P 500 slid 1.6 percent to 2,467.42, while the Nasdaq Composite Index slumped 1.6 percent to 6,528.41.
Adding to the gloom was the possibility of a partial US government shutdown on Friday.
US President Donald Trump said Thursday he will not sign a congressional bill for government funding because it fails to include a…