Börse Express – New York shares: Prices recover somewhat from the weak previous week

NEW YORK (dpa-AFX) – After a weak previous week, the US stock markets recovered somewhat on Monday. At the same time, yields on the US bond market fell somewhat, giving equities room to stabilise. In the past week, the yield on ten-year US paper had climbed to almost four percent, its highest level since mid-November. That weighed on stock prices. On the bond market, investors are counting on further increases in key interest rates from the US Federal Reserve.

Der Dow Jones Industrial rose 0.70 percent to 33,045.26 points in early trade. The broad S&P 500
recovered by 0.78 percent to 4001.21 points. The tech-heavy Nasdaq 100 gained 1.00 percent to 12,089.65 points./bek/he

 ISIN  US2605661048  US6311011026

AXC0190 2023-02-27/16:00

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