© Reuters.
NEW YORK (dpa-AFX) – The US stock markets moved little on the penultimate trading day of the year and ultimately did not take a clear direction. As in the past few days, trading was quiet and with low stock market turnover. Fresh US economic data had little impact on prices.
The industrial rose to an all-time high of 37,779 points in late trading on Thursday and closed 0.14 percent higher at 37,710.10 points. So far, a profit of almost 14 percent has been recorded for 2023. In the end, the market width increased by 0.04 percent to 4783.35 points.
The technology-heavy one initially climbed to a high, but crumbled in late trading and ultimately lost 0.05 percent to 16,898.47 points. It was the third straight day of a record high for the index, which is up nearly 55 percent year-to-date.
In the US, the number of initial jobless claims rose more than expected last week. However, the number of property sales that were not yet fully completed in November stagnated, while analysts had expected an increase of 0.9 percent.
The shares of aircraft manufacturer Boeing (NYSE:) lost 0.7 percent as one of the weakest Dow stocks. The Federal Aviation Administration (FAA) criticized a bolt in the rudder control system on the problematic 737 MAX model that could get lost.
Apple (NASDAQ:) shares continued the recovery they initiated the day before during trading and rose by 0.2 percent. The technology group is resuming sales of its computer watches in the USA after an appeals court temporarily suspended the import ban imposed in a patent dispute. As of this Thursday, the current Apple Watch Series 9 and Apple Watch Ultra 2 models will be available to order online again, as the company announced on its website.
At Tesla (NASDAQ:), investors apparently took some profits shortly before the end of the year. The electric car manufacturer’s shares fell 3.2 percent, the weakest value in the Nasdaq 100 index, after the price has more than doubled since the beginning of the year.
It slipped below the $1.11 mark in US trading and most recently cost $1.1062. The European Central Bank had set the reference rate at 1.1114 (Wednesday: 1.1065) US dollars. The dollar therefore cost 0.8997 (0.9037) euros.
US government bond prices fell. The futures contract for ten-year bonds () lost 0.34 percent to 112.94 points. In return, it rose to 3.85 percent. The return was slightly above the lowest level since July, which was 3.78 percent the day before.
2023-12-28 21:36:00
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