Stocks New York end: Dow creates weekly plus despite turbulence

NEW YORK (dpa-AFX) – On Wall Street, at the end of an eventful week, investors did not dare to make any big leaps. The most important stock indices moved little on Friday. After the leading index Dow Jones Industrial had suffered significantly from worries about the Chinese real estate giant Evergrande on Monday, the US Federal Reserve (Fed) provided relief on Wednesday. The Fed is sticking to its very loose monetary policy for the time being. The Dow thus made a gain of 0.62 percent on a weekly basis.

Do you know the trendiest stocks on Wall Street?
Then you should get to know the boerse.de signals Aktien USA!

Probably the world’s best-known stock market barometer went out of trading on Friday by just 0.10 percent at 34,798.00 points, after it had recorded strong increases on the two previous days. The broader S&P 500 increased by 0.15 percent to 4455.48 meters at the end of the week. The tech-heavy Nasdaq 100 advanced 0.09 percent to 15,329.68 points.

Stock exchange traders justified the rather cautious actions of investors at the end of the week, among other things with a warning from the Chinese central bank, which had again expressed its criticism of crypto currencies. All transactions are illegal, the People’s Bank of China found. In addition, reference was made to the ongoing uncertainty surrounding the Chinese real estate giant Evergrande. He is still struggling with payment problems. / La / jha /

Source: dpa-AFX

–