NEW YORK (dpa-AFX) – After the US job market report on Friday, Wall Street still does not rest. The Dow Jones Industrial fell 1.17 percent to 32,613.22 points in nervous early trading. It is thus approaching its low since February again, to which it had fallen at just under 32,450 points at the beginning of the week. In the course of the week he has currently lost 1.2 percent.
The fluctuations remain even more pronounced on the Nasdaq exchange: the tech-heavy Nasdaq 100 lost 1.66 percent to 12,637.196 points after half an hour of trading on Friday. It is now at its lowest level since the beginning of March 2021. This week its balance sheet is even murkier with a discount of 1.8 percent.
Investors are currently facing three problems at the same time: slowing growth, higher costs and rising interest rates, said market strategist Sean Darby of investment bank Jefferies. Meanwhile, the US economy created more jobs than expected in April. “Again a significant increase in new jobs – the Fed remains under pressure,” commented analyst Tobias Basse from NordLB./tih/he
ISIN US2605661048 US6311011026 US78378X1072
AXC0289 2022-05-06/16:23
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