NEW YORK (dpa-AFX) – The US stock exchanges increased their previous day’s losses on Thursday. Russia’s ongoing war against Ukraine is also a burden on the other side of the Atlantic. The Dow Jones Industrial (Dow Jones 30 Industrial) fell 0.58 percent to 35,022.89 points. The S&P 500 fell 0.29 percent to 4589.19 points and the NASDAQ 100 was down 0.21 percent to 15040.90 points.
With the quite moderate losses, the very volatile first quarter should end relatively quietly. After the first three months of the new year, the Dow is currently around three and a half percent in the red. After it climbed to a record level of just over 36,950 points right at the beginning of the year, inflation and monetary tightening measures became increasingly important. Five weeks ago, Russia then started the war against Ukraine, which pushed the most well-known Wall Street index to around 32,270 points and thus to its lowest level in a year. In the most recent recovery, however, the Dow made up for two-thirds of the setback.
Despite its recent race to catch up, the technology index NASDAQ 100 is far worse in the race with a minus of almost 8 percent in the year to date. The turnaround in interest rates initiated by the US Federal Reserve prompted many investors to part with their tech darlings. But since its March low, the Nasdaq selection index has also made it more than halfway to the record of just over 16,760 points from November./ck/he
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