US stock exchanges continued to rise on Friday – even as there were hopes for a sharp decline

At the end of trading in New York, the Dow was measured at 43,276 points, 0.1 percent higher than the previous day. The broader S&P 500 closed at 5,865 points, 0.4 percent higher, after briefly setting a new all-time high The Nasdaq technology exchange reported the Nasdaq 100 to be 0.7 percent stronger at 20,324 points . At the same time, yields on US government bonds also rose. This is a sure sign that investors are backing off their bets on Fed rate cuts.

The impetus was, among other things, a strong retail sales report. When the economy is running smoothly, the pressure on the central bank to make loans cheaper decreases. The European common currency was stronger on Friday afternoon: one euro cost 1.0866 US dollars, so one dollar was available for 0.9203 euros. The price of gold was able to gain a lot and is still on a higher course than the night, 2,721 US dollars were paid for a troy ounce (+ 1 percent). This corresponds to a price of 80.51 euros per gram. At the same time, the price of oil fell significantly: a barrel of the North Sea Brent type cost 73.29 US dollars on Friday afternoon around 10 pm German time, which was 116 cents or 1.6 percent less than at the end of the previous trading day.