Börse Express – Aktien New York Conclusion: Investors reward good company figures

NEW YORK (dpa-AFX) – After another rollercoaster ride, the US stock markets partially recovered from the recent series of losses on Thursday and rose significantly. The stock markets rose more strongly than in seven weeks after good quarterly figures from some tech heavyweights fueled optimism that corporate profits could withstand a restrictive US monetary policy. Investors also saw signs of solid consumer demand despite a surprise slowdown in economic growth in the fourth quarter.

The initially firmer Dow Jones Industrial briefly turned negative in early trading, but recovered significantly and closed up 1.85 percent at 33,916.39 points. The market-wide S&P 500 gained 2.47 percent to 4287.50 points. The tech-heavy Nasdaq 100
which fell to its lowest level in more than a year the day before, rose 3.48 percent to 13,456.06 points on Thursday./edh/he

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0449 2022-04-28/22:17

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