NEW YORK (dpa-AFX) – The first trading day of 2022 started with profits on the US stock exchanges. However, not without fluctuations, because at times the plus crumbled completely in early trading on Monday. The most important indices briefly plunged into the red before moving up again. Investors initially focused on Tesla after strong delivery figures in the fourth quarter. Later, Apple drew special attention, because the market value of the iPhone manufacturer jumped the mark of three trillion US dollars for the first time.
The Dow Jones Industrial won around two hours before the close of trading
The S&P 500
A market observer referred to the thin trading turnover for the more volatile course at the beginning of the year. In addition, the US stock exchanges had a very good run in the past year, which is why the upward trend is unlikely to be that easy. Although the outlook for equities in 2022 is good, monetary policy must now be monitored more closely, he said.
Because: The US Federal Reserve announced in December that it would exit its extremely loose monetary policy more quickly in view of the high inflation. The billion dollar purchases of securities such as government bonds are to be scaled back more quickly and interest rates are to be increased again soon. The US central bankers expect a total of three interest rate hikes of 0.25 percentage points each in 2022. “It will be the first rate hike since 2018, and that will have an impact on the stock markets.”
Tesla stocks were among the favorites in the US market
Apple recently moved to the Dow
The Dow’s biggest daily winners in percentage terms were shares in investment bank Goldman Sachs
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