Most recently, the leading US index gained 0.18 percent to 33 562.56 points. From a weekly perspective, this shows an increase of 1.2 percent. In the market-wide S&P 500, profits crumbled on Friday after a good hour to just 0.05 percent to 4099.26 points. Economic optimism and cheap money from the central bank had driven the standard values again and again recently.
The Nasdaq listed 100 with minus 0.22 percent to 13,727.64 points. Concerns about inflation keep prices in check on the Nasdaq. In the USA, producer prices rose faster than expected in March, and the increase in China also continued in March.
If the returns on the capital markets rise with increasing inflation, then credit can become more expensive for companies. This, in turn, affects technology companies more, which are dependent on investments in IT and software. The yield on ten-year US government bonds temporarily tended back towards 1.7 percent on Friday, most recently it was 1.65 percent.
The shares of the industrial group Honeywell rose at the top of the Dow by two percent, driven by a buy recommendation from Deutsche Bank.
In last place were Boeing with minus 1.9 percent. The aircraft manufacturer had warned airlines of a production problem with certain versions of the 737 Max crisis model.
Johnson & Johnson lost 0.9 percent. The EU Medicines Agency (EMA) checks cases of thrombosis after a corona vaccination with the manufacturer’s vaccine.
For the shares of the jeans group Levi Strauss it went up by 4.3 percent according to quarterly figures and an outlook./ajx/he
(AWP)
–