NEW YORK (dpa-AFX) – With a vigorous recovery, the US stock market ended a pleasant week on Friday after a long dry spell. Market observers currently think it is conceivable that the US Federal Reserve could take its foot off the gas a bit on its rapid rate hike course should the economy slip into recession and inflation cool down a bit.
Der Dow Jones Industrial hit a two-week high with strong gains. It closed at 31,500.68 points, close to the daily high. The price gain thus amounted to 2.68 percent. For the first time since the end of May there was a weekly increase, with 5.4 percent this was immediately clear.
The market-wide S&P 500 was up 3.06 percent on Friday at 3911.74 points and the tech-heavy Nasdaq 100
also recovered significantly by 3.49 percent to 12,105.85 points. It even gained 7.5 percent this week./tih/mis
ISIN US2605661048 US6311011026 US78378X1072
AXC0323 2022-06-24/22:20
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