NEW YORK (dpa-AFX) – Lingering disappointment over future monetary policy continued to weigh on US stock prices on Friday. Prospects for further gains towards the end of the year are dwindling after major central banks dashed hopes interest rate hikes would soon end, analyst Craig Erlam of broker Oanda commented. Weaker-than-expected purchasing managers’ indices for US manufacturing and the services sector had no discernible impact on prices.
More recently, the leading Dow Jones Industrial index has suffered
With the third day of losing streak looming, the second week of losing is fast approaching. Especially on Thursday, stock prices in New York fell significantly.
The initial euphoria over a stronger-than-expected drop in US inflation had already subsided on Tuesday. The US Federal Reserve, which announced a tighter-than-expected monetary policy on Wednesday, has finally announced the killjoy.
Maxar Technologies shares
At the Adobe software company
Behind it, shares of Facebook parent Meta have soared in price
Conversely, vaccine maker Moderna’s newspapers paid tribute
ISIN US2605661048 US6311011026 US78378X1072
AXC0253 2022-12-16/17:21
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