Home » News » Börse Express – New York shares: the rise in rates is likely to push the Dow below 30,000 points

Börse Express – New York shares: the rise in rates is likely to push the Dow below 30,000 points

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NEW YORK (dpa-AFX) – Even one day after the renewed interest rate hike in the US, stock exchanges tend to be weak. In early trading on Thursday, the leading Dow Jones Industrial Index gave
by 0.45 percent to 30,047.01 points and now threatens to drop below the 30,000 point mark for the first time since mid-June.

Economists particularly point out the risks posed by rising interest rates: “We expect growth slowdown, upside risks to unemployment and assume inflation will fall a little more slowly next year,” wrote David Page. , chief economist of Axa Investment Managers.

The S&P 500 at the market level it lost 0.67 percent to 3764.35 points. The Nasdaq 100 Technology Index
fell further 0.88 percent to 11,535.81 points./bek/jha/

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0222 2022-09-22 / 15: 54

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