Börse Express – New York shares Conclusion: net gains before the US elections

NEW YORK (dpa-AFX) – Ahead of the US mid-term elections and the release of new US inflation data this week, US stock markets rose sharply on Monday. The Dow Jones Industrialist it closed with an increase of 1.31 per cent to 32,827.00 points. The main US index thus crossed the 200-day line, used as an indicator of the long-term trend. The S&P 500 at the market level gained 0.96 percent to 3806.80 points. The high-tech Nasdaq 100
increased by 1.11 percent to 10,977.00 points.

According to Morgan Stanley’s Michael Wilson, polls suggest Republicans will win at least one chamber in the United States Congress. This represents a potential catalyst for lower bond yields and higher stock prices, Wilson said. The mid-term elections could give a further boost to stock prices in the coming months if history is used as a guide, also believes stock exchange expert Ed Yardeni./edh/he

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0303 2022-11-07 / 22: 27

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