NEW YORK (dpa-AFX) – On Wall Street, the Dow Jones Industrial expanded its recent losses on Friday. Fears of inflation remained the dominant theme, even if the situation on the bond market has calmed down for the time being. A sharp rise in yields had caused turbulence on the capital markets there on Thursday.
The Dow fell 1.50 percent to 30,932.37 points and thus also suffered from significant losses in the shares of the software company Salesforce. It was not until Wednesday that the stock market barometer reached a record high after Fed Chairman Jerome Powell tried to calm down monetary policy. On a weekly basis, this results in a decrease of 1.78 percent. The balance for February shows an increase of 3.2 percent.
The market-wide S&P 500 gave way on Friday by 0.48 percent to 3811.15 points. The technology-heavy Nasdaq 100, on the other hand, recovered somewhat from its fall on Thursday and rose 0.63 percent to 12,909.44 points./la/he
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