NEW YORK (dpa-AFX) – Before inflation figures in the US, investors did not venture out of cover on Wednesday. The leading index Dow Jones Industrial closed 0.44 percent lower at 34,447.14 points. May consumer prices will be published on Thursday. In April, inflation in the USA had risen sharply. Experts expect that the inflation rate has even accelerated again recently.
There is currently much discussion among investors about how sustainable the price increase is – and to what extent this is putting pressure on the US Federal Reserve in its extremely loose monetary policy. “Should the price jump turn out to be significantly higher than expected, this could hit the stock exchanges seriously,” said portfolio manager Thomas Altmann from QC Partners with a view to the US inflation data.
The S&P 500, which represents the broad market 
fell 0.18 percent to 4219.55 points. The technology-heavy selection index Nasdaq 100 closed 0.03 percent up at 13,814.94 points.
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