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NEW YORK (dpa-AFX) – Investors in the US did not allow themselves to be disturbed by a surprisingly sharp rise in inflation on Thursday. Share prices rose even though pre-release consumer prices rose more sharply in May than analysts had anticipated. Investors on the market may have recently feared even higher inflation, which has now not occurred, according to retailers.
For the leading index Dow Jones Industrial (Dow Jones 30 Industrial) it was only enough to achieve a manageable increase of 0.06 percent to 34,466.24 points. However, other major indices rose more strongly. The market-wide S&P 500 rose by 0.47 percent to 4239.18 counters and even rose to a record high. For the technology-heavy NASDAQ 100, it went 1.05 percent even higher to 13,960.35 points./bek/he
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