NEW YORK (dpa-AFX) – The US stock exchanges are making profits at the end of a strong week. The Dow Jones Industrial rose 0.32 percent in early trading on Friday to 35,867.82 points. He expands his weekly plus to 3.7 percent. The market-wide S&P 500 rose on Friday by 0.48 percent to 4689.85 meters.
The Nasdaq 100 went up 0.57 percent to 16,241.83 points after the technology stocks gathered there suffered from profit-taking the day before. Now, strong price gains at Oracle and Broadcom in the industry again provided tailwind. The Nasdaq 100 is also heading towards a significant weekly plus with 3.4 percent.
Inflation data from the USA did not prevent the soaring: Inflation at the highest level since 1982 has roughly met expectations, according to the market. This means that the US Federal Reserve remains under pressure to press ahead with its exit from the ultra-loose monetary policy in the coming week. “If the Fed ends the bond purchases in spring 2022, it will have the leeway to increase key interest rates from the summer,” commented analyst Birgit Henseler from DZ Bank./tih/jha/
Source: dpa-AFX
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