Home » World » Amazon and Apple boosted closes on Wall Street Amazon and Apple boosted closes on Wall Street July 29, 2022 by world today news The New York Stock Exchange on Wall Street Wall Street got off to a stable start to a packed week. Investors are eagerly awaiting various quarterly figures from American companies and the Fed’s interest rate decision. – (Photo: AP) – – – – Frankfurt, New York Optimistic prospects from the two technology groups Amazon and Apple lift the spirits of US investors. The US standard value index Dow Jones closed Friday one percent higher at 32,845 points. The tech-heavy Nasdaq advanced 1.9 percent to 12,390 points. The broad S&P 500 gained 1.4 percent to 4,130 jobs. On a monthly basis, the Dow is up 6.7 percent, the S&P is up 9.1 percent and the Nasdaq is up 12.3 percent. Investors were again concerned about the surprising decline in US economic output in the second quarter. “This formally fulfills the definition of a technical recession,” said Ulrich Stephan, chief investment strategist for private and corporate customers at Deutsche Bank. This makes it more difficult for the US Federal Reserve to decide on further rate hikes, portfolio manager Paul Nolte from asset manager Kingsview pointed out. “Will it continue to fight inflation or will it bow to slowing growth?” Read on now Get access to this and every other article in the Web and in our app free of charge for 4 weeks. – Continue – – Read on now Get access to this and every other article in the Web and in our app free of charge for 4 weeks. – Continue – – – – Related posts:Pope in the Easter Vigil: No night is endless with JesusA Midi Fair to save a season of “rotten weather”: “as soon as there is a ray of sunshine, people com...Andrei Domansky died - what is known about the actorHe wanted to lead by example and shot the 20-year-old. The murder shows a growing problem of German... Rostadalen, Målselv | The police sent a rescue helicopter to Målselv: Instagram reverses TikTok-style changes to its algorithm Leave a Comment Cancel replyCommentName Email Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed. Search for: