NEW YORK (dpa-AFX) – The US stock market is still under the impression of an emerging major interest rate hike before the weekend. The day before, US Federal Reserve Chairman Jerome Powell had spoken about a major interest rate hike at the next Fed meeting in early May, thereby spoiling the good mood in the market.
In early Friday trading, the leading index Dow Jones Industrial widened his previous day’s losses by 0.93 percent to 34,471 points, which means he would only gain a few points on a weekly basis. The market-wide S&P 500 
fell by 0.68 percent to 4364 points in the first half hour after the start on Friday. The technology-heavy Nasdaq 100 recorded a minus of 0.16 percent to 13,699 points whose weekly balance would then be negative.
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