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Equities New York Conclusion: Dow recovers from war shock – Nasdaq surges into positive territory

news-source="dpa-afx">

NEW YORK (dpa-AFX) – Russia’s attack on Ukraine no longer shocked investors on Wall Street on Thursday. After the turbulence of the past few days, investors grew bolder and sought refuge in the US technology sector. A slowing oil price rally also helped prices.

The Dow Jones Industrial had initially fallen again significantly to almost 32,273 points and thus to its lowest level since March 2021, but then it was able to more than make up for the losses. The New York leading index went out of trading 0.28 percent higher at 33,223.83 points. He ended a series of five days in a row with losses.

However, the recovery was dominated by technology stocks: the Nasdaq 100 index, which is shaped by these, worked its way impressively into the plus after its deep red start. In the end, 13,974.67 points were a price gain of 3.4 percent. The market-wide S&P 500 increased by 1.50 percent to 4288.70 points./tih/he

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