Börse Express – New York Stocks End: Losses before the central bank conference

NEW YORK (dpa-AFX) – Ahead of the Jackson Hole central bank conference, investors on Wall Street reduced the risk on Thursday. In late trading in particular, prices came under a little more pressure, especially since there were demanding voices from the environment of the Fed after the early tightening. The Dow Jones Industrial
lost 0.54 percent to 35 213.12 points in the end. He is more than 400 points away from his previous record.

Neither the S&P 500
nor the Nasdaq 100 continue their latest record series: The market-wide S&P index closed 0.58 percent lower at 4470.00 points. For the technology-heavy Nasdaq selection index, it was down 0.59 percent to 15,278.52 points.

On the two days before the Jackson Hole conference, investors had only taken limited risks with a speech by Federal Reserve Chairman Jerome Powell expected on Friday. On Thursday, some Fed members renewed their stance that the bond purchases should be scaled back as soon as possible./tih/he

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0329 2021-08-26/22:19

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