NEW YORK (dpa-AFX) – With the prospect of sharply rising interest rates in the USA, not much is likely to go up on the US stock exchanges on Thursday either. Although yields on the US bond market initially ended the recent sharp rise in early trading, they fell slightly. Stockbrokers are counting on further increases in capital market interest rates – the prospects for shares tend to be poor.
Around an hour before the start of trading, broker IG rated the Dow Jones Industrial (Dow Jones 30 Industrial) 0.2 percent lower at 34,428 points. The NASDAQ 100 was indexed by IG with little change.
The high-growth technology stocks that are considered interest-sensitive could benefit somewhat from the pause in the recent sharp rise in yields on the US bond market. Stocks like Microsoft, Meta (Meta Platforms (ex Facebook)), NVIDIA and Advanced Micro Devices (AMD (Advanced Micro Devices) ) gained.
In premarket trading on the Nasdaq, PC and printer manufacturer HP Inc (HP) rose 12 percent. Legendary investor Warren Buffett is investing more than $4 billion in the company.
Ford (Ford Motor) shares fell 1.6 percent after Barclays Bank removed its buy rating on the shares. Ford vulnerable to semiconductor shortages, argued analyst Brian Johnson/bek/jha/
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