NEW YORK (dpa-AFX) – Surprisingly strong quarterly figures from Microsoft created a good mood on the technology-heavy Nasdaq stock exchange on Wednesday. On the other hand, the best-known Wall Street index, the Dow Jones Industrial, fell slightly, and the general mood among standard stocks remained rather subdued. This was not least due to concerns about the US banking sector that had flared up again the day before.
The Dow Jones lost 0.35 percent to 33,410.83 points in the first hour of trading. The market-wide S&P 500 remained stable with a plus of 0.08 percent to 4074.98 points. The technology-heavy selection index Nasdaq 100, on the other hand, rose by 1.11 percent to 12,867.66 points.
Uncertainty prevails again and the fear of another bank earthquake is back in the minds of investors, commented market expert Timo Emden. “The focus is once again on the First Republic Bank.” It once again raised concerns about renewed turbulence and possible contagion effects in the industry./ck/he
2023-04-26 14:32:58
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