Tuesday, 09.05.2023 22:20 from dpa-AFX
NEW YORK (dpa-AFX) – After a fairly stable start to the week, the US stock exchanges slipped back into the red on Tuesday. Investors’ caution with the inflation data due mid-week can be justified fundamentally. They are considered the most important benchmark for the Fed’s interest rate policy.
The Dow Jones Industrial lost 0.17 percent to 33,561.81 points. On Monday, as on Friday, the leading index was slowed down by its 21-day moving average. It is considered by technically oriented investors to be an indicator of the short-term trend and is currently resisting.
The market-wide S&P 500 lost 0.46 percent to 4119.17 points. The tech-heavy Nasdaq 100 fell 0.68 percent to 13,201.11 points.
The impending default by the United States is also becoming more and more important if Congress does not raise the debt ceiling soon. An important meeting between US President Joe Biden and the Republican Majority Leader in the House of Representatives, Kevin McCarthy, will take place on Tuesday. Republicans only want to agree to raising the debt limit if government spending is cut in return. The Democrats do not want to link budget negotiations to the debt cap./la/he
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2023-05-09 20:20:00
#Equities #York #conclusion #losses #price #data #dispute #debt #ceiling
