NEW YORK (dpa-AFX) – On Wall Street, the mood among investors on Thursday was marked by nervousness. The focus was on disappointing Walmart numbers, price losses in tech stocks and the ongoing discussion about a return of inflation. The recently record-high New York indices were all able to reduce their minus significantly.
The Dow Jones Industrial was 0.38 percent lower at 31,493.34 points from trading. The market-wide S&P 500 fell in the end by 0.44 percent to 3913.97 points. The technology-heavy selection index Nasdaq 100 had even lost 1.6 percent at times, and in the end its discount was 0.45 percent to 13,637.51 points.
A sharp increase in the amount of money, the stimulus package planned by US President Joe Biden and the rising commodity prices are some of the ingredients for an “explosive inflation cocktail”, as the experts at the Metzler bank wrote on Thursday. The bond market, which was influenced by this, stabilized over the course of the day, as did US equities. The ten-year US bonds recently returned less than 1.30 percent./tih/he
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