NEW YORK (dpa-AFX) – The US stock exchanges extended their slight losses from the previous day on Tuesday. Investors around the world are nervous as threats have come from China over US leader Nancy Pelosi’s visit to Taiwan. It’s the highest-ranking US politician for a quarter of a century, and the communist Chinese government doesn’t … Read more
NEW YORK (dpa-AFX) – The US stock market recently gave way on Monday during quiet trading. The Dow Jones Industrial lost 0.29 percent to 32,750.93 points. The market-wide S&P 500 slipped by 0.50 percent to 4109.63 points. The Nasdaq 100, which is predominantly stocked with technology stocks was 0.30 percent lower at 12,909.18 points. Economic … Read more
NEW YORK (dpa-AFX) – Surprisingly solid quarterly reports and outlook from the two heavyweights Apple and Amazon have brought some relief to US stock markets ahead of the weekend. The Dow Jones Industrial rose 0.73 percent to 32,767.10 on Friday, the highest level since early June. On a weekly basis, the Dow gained 2.7 percent. … Read more
NEW YORK (dpa-AFX) – Strong price gains for the two heavyweights Apple and Amazon buoyed the tech-heavy Nasdaq stock market on Friday. The Nasdaq 100 index rose 0.34 percent to 12,760.71 points in early trading, marking a weekly gain of almost three percent. Both groups have convinced investors and analysts with their quarterly reports. Intel … Read more
NEW YORK (dpa-AFX) – Investors are holding back a day before the likely next sharp rise in interest rates in the USA. The leading index Dow Jones Industrial fell 0.20 percent to 31,926.28 points in early trading on Tuesday. On Friday it had climbed to its highest level in six weeks. Also weak earnings reports … Read more
NEW YORK (dpa-AFX) – Two days before the US Federal Reserve’s next rate hike, the US stock market should start trading in a friendly manner. The bear market rally currently seen by some experts, i.e. rising prices in the midst of an overall downward market environment, should therefore continue on Monday for the time being, … Read more
NEW YORK (dpa-AFX) – Investors are more defensive on Wall Street on Thursday. Neither the Russian gas flowing back through the Nord Stream 1 pipeline nor a significant interest rate hike by the ECB gave the standard values traded there any clear impetus, which also did not come from mixed company figures. On the technology-heavy … Read more
NEW YORK (dpa-AFX) – On Wednesday, after the previous day’s recovery rally, the US stock market will be more mixed again. While the leading index Dow Jones Industrial After half an hour of trading, it was 0.39 percent lower at 31,702.86 points and the market-wide S&P 500 lost 0.26 percent to 3926.43 points, the trend … Read more
NEW YORK (dpa-AFX) – New economic concerns brought the recent recovery on the US stock market to a standstill again on Monday. Market participants once again referred to the fears of interest rates, inflation and recession, which are now part of everyday stock market life and which particularly affected the strongly growth-oriented technology stocks. Ahead … Read more
NEW YORK (dpa-AFX) – The stabilization on the US stock market continued on Thursday. Concerns about inflation and recession receded into the background, even though the US Federal Reserve (Fed) is sticking to its aggressive course of interest rate hikes, as the Fed minutes made clear the day before. “It sounds somewhat paradoxical that the … Read more