Three quarters of an hour before trading began, broker IG estimated that the Dow Jones Industrial was 0.3 percent lower at 43,604 points. This represents a weekly loss of almost one percent for the main US index. IG sees the technology-heavy Nasdaq 100 down 0.9 percent on Friday at 20,709 points. This would result in … Read more
The situation is similar to the S&P 500 across the market, which just missed its record the previous day. It finally rose 0.47 percent to 5,842.47 points on Wednesday. The tech-heavy Nasdaq 100, which was particularly weak on Tuesday, rose just 0.07 percent to 20,174.05 points midweek. It was dampened by the mixed price development … Read more
Three quarters of an hour before the start of trading, the broker IG estimated the Dow Jones Industrial about 0.2 percent lower to 42,090 points. IG also sees the tech-heavy Nasdaq 100 index down about 0.2 percent at 19,732 points. After an Iranian rocket attack on Israel, Prime Minister Benjamin Netanyahu announced retaliation. “And as … Read more
The S&P 500 across the board, which had set a new record the previous day, rose 0.26 percent to 5,760.16 points on Friday. The technology-heavy Nasdaq 100 fell 0.15 percent to 20,086.22 points. In the US, consumer spending rose less than analysts expected in August compared to the previous month. US consumer sentiment – measured … Read more
ROUNDUP: Next iPhones and computer watch expected from Apple CUPERTINO – Apple is about to present its most important iPhone in years. The new models, which are expected to be presented to the public on Monday evening, are intended to catapult the company into the AI era. For users in the European Union, however, things … Read more
ROUNDUP: Lack of Chinese tourists is slowing down L’Oreal surprisingly significantly PARIS – The weak demand in North Asia slowed down the French cosmetics group L’Oreal surprisingly significantly in the final quarter. A decline in consumption by Chinese tourists was particularly noticeable, which was particularly reflected in the luxury care sector. Although L’Oreal was able … Read more
NEW YORK (dpa-AFX) – On Friday, the US stock exchanges partially continued their series of losses of the past few days. Investors fear further rate hikes by the US Federal Reserve and are looking at the economy in China with growing concern – above all because of the worsening real estate crisis there. While the … Read more
NEW YORK (dpa-AFX) – The US jobs report for July caused optimism on Wall Street and the Nasdaq stock exchanges on Friday. Increasingly, the mixed data has been interpreted as suggesting the end of the rate hike cycle may be near. As LBBW analyst Dirk Chlench wrote, a weakening is slowly emerging on the labor … Read more
NEW YORK (dpa-AFX) – The US stock markets are likely to continue their series of losses of the past two trading days on Thursday. The fact that the rating agency Fitch has withdrawn the coveted top rating for creditworthiness from the USA is still having an effect, according to the trade. This step caused clear … Read more
NEW YORK (dpa-AFX) – After the recent strong run on the US stock market, the most important indices remained stable on Monday. Hopes of an end to interest rate hikes by the US Federal Reserve boosted the stock exchanges over the course of the month, meaning that profits should be posted for July. The reporting … Read more