Boerse Express – New York Stocks Bottom Line: Hopes for a more accommodative Fed are fueling the rally

NEW YORK (dpa-AFX) – After a slow start to trading, the main US index Dow Jones Industrial The recent recovery continued dynamically on Tuesday. Bond market yields have fallen sharply, observers have expressed hope that the US Federal Reserve will raise interest rates less than previously feared. At the closing bell, the Dow was up 1.07% to 31,836.74 points. On Friday and Monday it had already risen by almost 4% and reached its highest level since mid-September.

Additionally, quarterly reports from large US companies such as Coca-Cola have arrived
and General Motors well received by investors. Other major selection indices such as the S&P 500 at market level performed even better than the Dow and the mighty Nasdaq 100 . The former increased by 1.63% to 3859.11 points and the latter increased even more by 2.10% to 11 669.99 points.

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0373 2022-10-25 / 22: 22

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