Investors Brace for Another , Federal Reserve Rate Hike.<br />On September 20, stocks finished lower <br />as investors await interest rate guidance <br />from the Federal Reserve's policy meeting.<br />On September 20, stocks finished lower <br />as investors await interest rate guidance <br />from the Federal Reserve's policy meeting.<br />Business Insider reports that <br />investors are anticipating a 75-basis-point <br />rate hike from the central bank. .<br />The 2-year Treasury yield <br />surged as high as 3.983% to hit <br />the highest rate since 2007.<br />The 10-year yield rose as high 3.593% <br />to reach its highest since April 2011.<br />Adding to the general sense of unease, <br />a potential escalation in Russia's war <br />on Ukraine sent stocks in Moscow tumbling.<br />S&P 500 was at 3,855.93, <br />down 1.13% at the closing bell.<br />The Dow Jones Industrial Average <br />fell to 30,706.23, down 1.01%.<br />Oil continued to slide <br />with West Texas Intermediate <br />slipping 1.53% to $84.42.<br />Gold also dropped 0.68% to<br /> reach $1,664.75 an ounce.<br />Bitcoin fought back to reach <br />$19,043.29, a 0.73% gain.<br />Carlyle Group co-founder David Rubenstein warned that a Fed rate hike of 100 basis points would cause further turmoil in markets and add to fears of inflation.<br />Carlyle Group co-founder David Rubenstein warned that a Fed rate hike of 100 basis points would cause further turmoil in markets and add to fears of inflation
