NEW YORK (dpa-AFX) – A surprisingly robust US labor market, with wages and salaries soaring, threatens the weekly balance of the main Dow Jones Industrial index on Friday mess up. According to observers, the US Federal Reserve may feel compelled to continue drastically raising interest rates to calm the job market. Prior to this scenario, … Read more
NEW YORK (dpa-AFX) – Before the weekend, US stock markets reacted surprisingly well to a surprisingly positive job market report and the prospect of further interest rate hikes. After a setback in the Dow Jones Industrial From 1% at the start of trading, the main index even turned positive in the final hour of trading … Read more
NEW YORK (dpa-AFX) – Fears of a further tightening of Chinese restrictions against Covid marred investor sentiment on US stock markets earlier in the week. Beijing’s threat of tougher measures against the coronavirus pandemic has triggered the largest wave of protests in the country in decades and is likely to further dim global economic growth … Read more
NEW YORK (dpa-AFX) – Investors in the US stock market showed little willingness to buy during “Black Friday” in a calm market environment. The industrial Dow Jones On the last trading day of the week, which ended at 19:00 Central European Time after yesterday’s “Thanksgiving” holiday, a moderate gain was enough for up to seven … Read more
NEW YORK (dpa-AFX) – After the weakness of the previous day, Wall Street should initially rise at the end of the week. However, prices, which are consolidating after a few days of rallying, are still lacking momentum. The focus remains on the US Federal Reserve’s interest rate policy and China’s handling of the pandemic. Broker … Read more
NEW YORK (dpa-AFX) – The price rally on Wall Street in New York is still uncertain. Surprisingly strong selling in US retail trade on Wednesday dampened hopes that the US Federal Reserve may soon tread much more caution with interest rate hikes, according to market experts. Der Dow Jones industrialist it ultimately held steady at … Read more
NEW YORK (dpa-AFX) – Wall Street investors should hold off on Monday after the recent rally. Broker IG has valued the leading Dow Jones Industrial index a good three quarters of an hour before the starting bell, 0.15% less at 33,697 points. The Nasdaq 100 technology selection index it should fall by 0.49%. Hopes for … Read more
NEW YORK (dpa-AFX) – US stocks have upped the ante after the previous day’s fireworks. At the end of the week, investors continued to grab tech stocks in particular. Hopes for less tight monetary policy continued to support markets after surprisingly accommodating inflation data was released Thursday. The slight easing of krona restrictions in China, … Read more
NEW YORK (dpa-AFX) – New York stock market prices rose significantly on Wednesday following the US Federal Reserve’s interest rate decision. As expected, the Fed again sharply raised the benchmark interest rate by 0.75 percentage points. The background of the significant tightening is very high inflation. At the same time, monetary watchdogs have pointed out … Read more
NEW YORK (dpa-AFX) – Earlier this week with the US interest rate decision, investors in the US stock market made profits. The Dow Jones Industrialist paid tribute to Monday’s October rally, dropping 0.39% to 32,732.95 points. With nearly 14% growth, it was an exceptionally strong month for the leading US index. The S&P 500 at … Read more