Shortly after the start of trading, the best-known Wall Street index fluctuated around its previous day’s close and most recently rose by 0.06 percent to 36,821.69 points. The S&P 500, which had also reached a record the day before, fell by 0.08 percent to 4789.69 points. The tech-heavy Nasdaq 100 fell 0.39 percent to 16217.05 points.
Given that interest rates will soon rise, there is currently a general trend on the stock exchanges that is increasingly reorienting investors away from growth stocks and towards value stocks. That was also a major reason for the strong start to the year for the standard values. The Dow had gained 1.3 percent within two trading days, while the high-growth tech stocks – as measured by the Nasdaq indices – are on balance in the red./ck
(AWP)
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