Major United States stock exchanges flopped further on Wednesday as worries over the Federal Reserve’s next monetary policy moves seemingly sparked fears among investors. Cleveland Federal Reserve Bank President Loretta Mester insisted that the costs of policy undershooting are still greater than those of overshooting. Moreover, US Federal Reserve Governor Christopher Waller mentioned that one more interest rate hike shouldn’t push the economy into a recession. Meanwhile, Federal Reserve Bank of Boston President Susan Collins cautioned that the next steps need to be made “patiently” and “carefully.” The Dow Jones plunged 0.94% or 323 points at 12:57 am ET. A minute later, the Nasdaq 100 plummeted 1.34% or 207 points and the S&P 500 tumbled 1.14%. The euro traded flat against the dollar at 12:59 am ET, selling for 1.07209. NN: we started our NASDAQ100 TRADE BEFORE THE PLUNGE