Börse Express – New York Stocks: Recovery from weak previous week

NEW YORK (dpa-AFX) – Der Dow Jones Industrial recovered a bit on Monday from its loss-making week. The US leading index traded 1.04 percent higher at 33,637.66 points in early trading. The S&P 500, which represents the broad market
rose by 0.69 percent to 4195.07 points. The tech-heavy Nasdaq 100 gained minimally to 14 056.25 points and remained within sight of its latest record high of 14 205 points.

James Bullard, the president of the regional US Federal Reserve in St. Louis, brought a rate hike into play on Friday in the coming year. In addition to the great decline on the futures exchanges, this had put the prices under pressure.

Investors’ eyes are now on a hearing with Fed chief Jerome Powell before parts of the US Congress this Tuesday. It is about the central bank’s reaction to the corona pandemic. Powell’s remarks should be carefully checked for clues about future monetary policy./la/he

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0229 2021-06-21/16:10

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