Home » today » News » Equities New York close: indices weaken at the end of a strong week | 07/22/22

Equities New York close: indices weaken at the end of a strong week | 07/22/22

NEW YORK (dpa-AFX) – At the end of a strong stock market week, investors took profits on the US stock exchanges on Friday. After a particularly pronounced recovery, this was particularly true for the technology sector, as the NASDAQ 100 showed with a setback of 1.77 percent to 12,396.47 points. A price drop at the app provider Snap caused a bad mood among internet stocks there.

The US standard values, which have risen less recently, have consequently come under less pressure: the Dow Jones Industrial (Dow Jones 30 Industrial) fell by 0.43 percent to 31,899.29 points. The broad S&P 500 lost 0.93 percent to 3961.63 points.

All three New York indices had reached their highest levels in six weeks in a multi-day recovery rally. Even though the Nasdaq 100 fell more sharply on Friday, the technology-heavy index had the best weekly result with a plus of 3.5 percent. The Dow drove a nearly two percent weekly gain./tih/he

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