U.S., China tech stocks lead sell-off after Fed's hawkish pause

Amazon, Alibaba fall as Treasury yields rise

20230921N NYSE

All the major U.S. stock indexes fell a day after the Federal Reserve's latest interest rate decision. © Reuters

JACK STONE TRUITT, Nikkei staff writer

NEW YORK -- U.S. and Chinese tech stocks led a broad market downturn one day after the Federal Reserve held interest rates steady while signaling they would remain higher for longer.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.