Börse Express – New York Stocks Conclusion: Corona worries weigh on prices

NEW YORK (dpa-AFX) – The US stock exchanges could not escape the global market weakness on Thursday. The Dow Jones Industrial declined due to ongoing concerns about the global economic recovery
0.75 percent lower at 34 421.93 points from trading. Previously, the courses in Europe and Asia had come under heavy pressure in some cases. However, the Dow managed to roughly halve its minus over the course of the year.

The other major New York indices broke their recent record rally. The market-wide S&P 500 fell in the end by 0.86 percent to 4320.82 points and the technology-heavy Nasdaq 100 fell by 0.60 percent to 14 722.14 points. Both were able to reduce their haircuts, however, the Nasdaq index had lost a good 1.7 percent in the low.

Due to the particularly contagious Delta variant, investors around the world currently fear that the rising number of corona infections will pose a threat to the economic recovery. This was reflected in the continued fall in capital market rates on Thursday. The yield on ten-year government bonds fell over the course of 1.25 percent to its lowest level in five months./tih/mis

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0358 2021-07-08/22:21

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