NEW YORK (dpa-AFX) – After Tuesday’s price drop and stabilization the day before, investors continue to cautiously venture into the New York Stock Exchange on Thursday. US economic data paints a mixed picture and therefore offers little indication.
The same was true of the major stock indices: the Dow Jones Industrial entered the profit zone after just over half an hour of trading with 0.25 percent at 31,213.60 points. Even the S&P 500 at the market level showed an increase of 0.11 percent to 3950.49 points. The technology-rich Nasdaq 100 selection index rallied more strongly the day before
however, it fell 0.15 percent to 12,116.37 points.
After the unexpectedly significant price increase for US consumers, the weakening at the producer level the previous day helped to calm things down a bit, Credit Suisse said. Regardless, however, there is growing belief among experts that the US Federal Reserve will continue its tightening trend in interest rates, even if growth suffers. Now they expect the Fed to raise interest rates to 4.50 percent./tih/jha/
ISIN US2605661048 XC0009694271 US6311011026 US78378X1072
AXC0273 2022-09-15 / 16: 26
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