The US stock exchanges closed noticeably recovered on Friday after another up and down slide. The Dow Jones Industrial ended the trading day, which was at times nerve-wracking for investors, with a discount of 0.56 percent to 28,133.31 points. This results in a weekly loss of 1.8 percent for the US stock market barometer.
Robust labor market data for August initially got off to a good start. But the Dow soon followed the technology-heavy Nasdaq stock exchange into the red, where it fell below the 28,000 point mark and lost up to 2.2 percent. In late trading, the recovery then set in before the bank holiday weekend. There will be no stock trading on Monday in the US due to Labor Day.
The S&P 500, which reflects the broad market fell on Friday by 0.81 percent to 3426.96 points. The technology-heavy selection index Nasdaq 100 lost 1.27 percent to 11,622.13 points, giving him a weekly loss of 3.1 percent.
Both the Nasdaq 100 and the S&P 500 only reached new record levels on Wednesday after a week-long, almost unbroken rally. Then on Thursday it went down steeply for the first time in a long time. In the course of the year so far, which has been marked by the upheavals of the corona pandemic, this still means that the Nasdaq 100 has gained a third in value. For the S&P 500 there is a moderate increase of 6 percent. Both are among the few indices in the world that were able to gain at all./ck/jha/
ISIN US2605661048 US6311011026 US78378X1072
AXC0310 2020-09-04/22:22
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