NEW YORK (dpa-AFX) – The US stock exchanges did not make any further progress on Wednesday. From the early rise to just above the 34,700 mark, there was little left for the Dow Jones Industrial. The price barometer lacked the strength and the investors the necessary impetus during the course of the day. With 34,600.38 points, he was only a slight plus of 0.07 percent over the finish line.
The picture was similar for the other New York indices, with early gains also fading. The market-wide S&P 500 rose 0.14 percent to 4208.12 points, while the technology-heavy NASDAQ 100 went 0.16 percent higher at 13,675.79 points.
According to the market, investors are currently maneuvering between hopes of a strong economic recovery and worries that inflation will rise too sharply, which could put pressure on the US Federal Reserve with its loose interest rate policy. As a result, the US stock exchanges had already lost their initial momentum on Tuesday./tih/men
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