{"id":478089,"date":"2022-03-24T09:30:04","date_gmt":"2022-03-24T04:00:04","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=478089"},"modified":"2022-03-24T09:48:13","modified_gmt":"2022-03-24T04:18:13","slug":"dow-falls-290-pts-as-oil-climbs-adobe-drops-focus-on-us-rate-outlook","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/dow-falls-290-pts-as-oil-climbs-adobe-drops-focus-on-us-rate-outlook\/","title":{"rendered":"Dow falls 290 pts as oil climbs, Adobe drops; focus on US rate outlook"},"content":{"rendered":"<p>US stock indexes fell on Wednesday as oil prices climbed and Adobe shares tumbled on a disappointing forecast, while investors assessed the outlook for U.S. interest rates following calls from Federal Reserve policymakers for bigger increases. <\/p>\n<p>Ten of the 11 major S&amp;P sectors were down, with financial and healthcare shares declining the most. Bank stocks fell 1.7%.<br \/>\nAdobe Inc slid 9.9% to weigh the most on the S&amp;P 500 and the Nasdaq after the Photoshop maker forecast downbeat second-quarter revenue and profit and sees an impact on fiscal 2022 revenue due to the Russia-Ukraine crisis. <\/p>\n<p>Still the tech-heavy Nasdaq fared better than its peers on a boost from shares of megacap Amazon.com, Apple Inc and Tesla Inc.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>US stock indexes fell on Wednesday as oil prices climbed and Adobe shares tumbled on a disappointing forecast, while investors assessed the outlook for U.S. interest rates following calls from Federal Reserve policymakers for bigger increases. Ten of the 11 major S&amp;P sectors were down, with financial and healthcare shares declining the most. Bank stocks fell 1.7%. Adobe Inc slid 9.9% to weigh the most on the S&amp;P 500 and the Nasdaq after the Photoshop maker forecast downbeat second-quarter revenue and profit and sees an impact on fiscal 2022 revenue due to the Russia-Ukraine crisis. Still the tech-heavy Nasdaq fared [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-478089","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/478089","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=478089"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/478089\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=478089"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=478089"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=478089"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}