Börse Express – New York Stocks: Low Willingness to Buy

NEW YORK (dpa-AFX) – Investors in the US stock market initially showed little willingness to buy during “Black Friday”. The industrial Dow Jones The last trading day of the week, which ends at 19:00 Central European Time after yesterday’s ‘Thanksgiving’ stock market holiday, was already a moderate lead for up to seven months.

Three-quarters of an hour after the trading began, New York’s main index rose 0.43% to 34,342.00 points. It is therefore heading for a weekly gain of 1.8%. With the entire S&P 500 market was only enough for a 0.07 percent price increase to 4029.94 points, while the tech-heavy Nasdaq 100 it fell 0.43% to 11,787.51 points.

Given the already high valuations on the stock exchange, investors are more likely to smell the pre-Christmas bargains in stores: “Black Friday” the holiday deal is traditionally heralded with particularly steep discounts. Thanks to a nearly 20% recovery since mid-October, the Dow has now contained its annual loss to five and a half percent./gl/nas

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0240 2022-11-25/16:25

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