NEW YORK (dpa-AFX) – On a Friday that was relatively robust for long periods, investors in US stocks retreated in late trading. Although producer-level price increases have again caused uncertainty, the movements have remained moderate for a long time. By closing time, however, investors ran out of risk ahead of next week’s big events.
Der Dow Jones industrialist US2605661048 it finished the weekend down 0.90% with 33,476.46 points. He raised his minus over the week to 2.8%.
S&P 500 at market level US78378X1072 it lost 0.73% on Friday to 3934.38 points. The high-tech Nasdaq 100 US6311011026 it lost 0.64% to 11,563.33 points. Its weekly minus increased to 3.6%.
Producer prices, which weakened less than expected in November, are a bad omen for consumer prices to be released next week. Pressure remains on the US Federal Reserve to significantly raise interest rates. So far, observers still assume that the US Federal Reserve will slow its rate of rate hike on Wednesday.
