The pattern of the past few days on the US stock market was repeated on Friday: Another sharp rise in yields on the bond market put technology stocks under pressure during the Dow Jones Industrial continued his record hunt for the fifth day in a row. At the end of the day, the leading index posted an increase of 0.90 percent to 32,778.64 points and thus crowned a strong week that brought it an increase of more than four percent.
Investors currently see catch-up potential in standard stocks, cyclicals and stocks of the “old economy”. The rising yields, however, have been troubling the highly valued technology stocks for some time. The Nasdaq lost 100 on Friday 0.89 percent to 12,937.29 points. Also in the S&P 500
slowed the tech stocks, the index made little progress with plus 0.10 percent to 3943.34 points./ajx/fba
ISIN US2605661048 US6311011026 US78378X1072
AXC0324 2021-03-12/22:21
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