NEW YORK (dpa-AFX) – After the strong recovery on Friday, there were further gains on the US stock exchanges at the beginning of Monday. Corporate news, which was largely received positively and which came primarily from the banking sector, was driven by Goldman Sachs figures. Price gains at Boeing also helped the Dow Jones Industrial which reached its highest level since late June.
After half an hour of trading, the Dow had come back somewhat from the daily high of 31,644 points, but still rose by 0.61 percent to 31,479.40 points. Thanks to robust economic data, he had already ended a five-day losing streak before the weekend and almost made up for his weekly minus. The market-wide S&P 500 recently rose by 0.78 percent to 3893.11 points and the technology-heavy Nasdaq 100 came to an increase of 1.17 percent to 12 123.41 points.
According to a market expert, there have recently been relieving signals from certain aspects of inflation and economic data, which have had a calming effect in view of the interest rate and recession fears. This market environment, which has improved for the time being, is now continuing with positive company figures, it said./tih/he
ISIN US2605661048 US6311011026 US78378X1072
AXC0221 2022-07-18/16:09
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