Börse Express – New York equities Conclusion: Dow despite trading slowdown to seven-month high

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

Ultimately, New York’s main index gained 0.45% to 34,347.03 points, resulting in a 1.8% weekly gain. With the S&P 500 at market level closed Friday down 0.03% at 4026.12 points, while the tech-heavy Nasdaq 100 it fell 0.70% to 11,756.03 points.

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

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0294 2022-11-25/19:23

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