Due to this decision of the Federal Reserve, there is an outcry in the US stock market…
Apple’s market valuation is about $ 225 billion.
After the hike in interest rates by the US central bank, the stock market index Nasdaq, which is dominated by IT stocks, is seeing a steady decline. Investors have sunk $ 1.5 trillion on this index in three days.

The US stock exchange Nasdaq 100 has lost 10 per cent so far after the US central bank hiked interest rates by 0.50 per cent. Nasdaq closed down 4 percent on Monday. Federal Reserve (central bank) chief Jerome Powell has said that such increases in interest rates will continue.

Let us tell you that this is the biggest 3-day decline after 2020. According to Bloomberg, this exchange, which is dominated by technology companies, has drowned $ 1.5 trillion of investors in 3 days.

Also read- The recent fall in the stock market and rising interest rates are testing times for retail investors, what to do?

These 10 stocks lost $1 trillion in value
In three days of selling, the market valuation of Apple, Microsoft, Amazon, Tesla, Alphabet (parent company of Google), Nvidia, Meta (parent company of Facebook), SML, Airbnb and Intuit has fallen to $ 1 trillion. Apple has the highest market valuation ($225 billion) among all these companies.

Nasdaq fell 25 percent this year
Anticipating a slowdown by a jump in US Treasury yields, rising inflation and high interest rates, the Nasdaq has plunged 25 per cent so far this year. This is the biggest drop since the start of Kovid-19. Significantly, then within 1 month, Nasdaq had fallen 28 percent. However, the decline isn’t just being recorded on the Nasdaq. Apart from this, the S&P 500 has also closed with a fall of 3.2 percent. Its condition is also in the worst phase after the pandemic.

India’s stock market also suffered
Indian stock market indices have come under the grip of Sensex and Nifty bears. The stock has slipped nearly 8,000 points from its all-time high of 62,000 and people are afraid that it may not slide below 54,000. FIIs are continuously withdrawing money from Indian markets. Last week, the Indian stock market plunged nearly 2.5 lakh rupees of investors. The IMF said in a report released on Sunday that rising fuel prices and inflation are reminiscent of the 1970s. According to the IMF, the inflation that started just like this had brought recession. However, the IMF is confident that now central banks are more independent and trustworthy and such a situation may not recur.