NEW YORK (dpa-AFX) – At the end of a strong stock market week, investors are becoming more cautious on Friday. Unlike the past three days, when the tech-heavy Nasdaq stock market always posted the biggest gains, the US standard values now did a little better. Just the Dow Jones Industrial was able to more or less maintain its level of the previous day, standing almost unchanged at 32,028.63 points after half an hour of trading.
The Nasdaq 100 on the other hand, after its particularly strong rally in the past few days, it fell by 0.75 percent to 12,524.60 points, with the app operator Snap falling
strained the mood. The diversified S&P 500
was right in the middle with a discount of 0.32 percent to 3986.25 points. All three New York indices are currently at their highest levels in six weeks. The Nasdaq index is still heading for by far the best weekly conclusion with a plus of 4.6 percent.
Analyst Craig Erlam from broker Oanda reported that investors had had to digest a lot of news from the areas of geopolitics and monetary policy as well as from companies in the past few days. In view of the high inflation, central banks see the only way out in aggressive tightening of monetary policy. Although the reporting season is not far advanced, there are already many companies whose figures “were not as bad as feared”. Although this is a relief, it is not enough for a sustainable recovery./tih/he
ISIN US2605661048 US6311011026 US78378X1072
AXC0223 2022-07-22/16:21
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