Börse Express – New York Stocks Conclusion: Record series continues except for the Dow

NEW YORK (dpa-AFX) – Following the monetary policy decisions of the US Federal Reserve, the US stock exchanges set new records on Thursday in some cases. After the monetary authorities had only announced the beginning of an exit from the billion-dollar security purchases the previous evening, at least the S&P 500 and the Nasdaq 100 set new records. Investors welcomed the realization that interest rates are likely to remain low for some time to come.

The Dow Jones Industrial was burdened, among other things, by slipping stocks from the banking sector but a negative exception. Probably the world’s best-known stock barometer remained without a new record. In the end, however, the leading index only fell by just 0.09 percent to 36,124.23 points.

The S&P 500 In contrast, rose 0.42 percent to 4680.06 points, while the technology-heavy Nasdaq 100
even gained 1.25 percent on 16,346.24 points. The growth stocks from the tech industry are generally valued by investors as particular beneficiaries of low interest rates. / Tih / zb

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0439 2021-11-04/21:25

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