NEW YORK (dpa-AFX) – The US stock markets on Thursday expanded the previous day’s gains significantly. According to stockbrokers, as on the previous day, the fact that the minutes of the US Federal Reserve gave no indication of even more aggressive steps to combat high inflation in the USA had a supportive effect. The Dow Jones Industrial rose by 1.61 percent to 32,637.19 points. The leading index could now leave the downward trend that began in April behind.
For the market-wide S&P 500 it went up by 1.99 percent to 4057.84 points. The tech-heavy Nasdaq 100
increased by 2.79 percent to 12,276.79 points. The numerous growth stocks in the index had suffered in particular from the prospect of sharp interest rate hikes in the past few weeks./bek/he
ISIN US2605661048 US6311011026 US78378X1072
AXC0158 2022-05-26 / 22: 15
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