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Börse Express – New York Stocks Conclusion: Dow slides deeper into the red

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Der US-Leitindex Dow Jones Industrial
increased its slight losses from the previous day on Friday. Another significant rise in yields on the bond market put pressure on sentiment. Rising interest rates, for example, make bonds more attractive as an alternative to investing in stocks. As a burden, there were losses in bank stocks and especially in the papers of Visa .

The Dow fell 0.71 percent to 32,627.97 points after peaking the day before and then slipping into the red. On a weekly basis, there is a loss of 0.46 percent.

The market-wide S&P 500 closed on Friday slightly in the red at 3913.10 points. The tech-heavy Nasdaq 100
recovered somewhat from its previous day’s losses and rose 0.61 percent to 12,866.99 points. In view of the continued rise in market interest rates, it suffered on Thursday with a minus of more than 3 percent under the prospect of a deterioration in the financing conditions of tech companies

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0321 2021-03-19/21:23

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