NEW YORK (dpa-AFX) – Wall Street and the technology-heavy Nasdaq exchange moderately moved in different directions on Tuesday. The Dow Jones Industrial reached a new high since February 2022 with a small step. The Nasdaq 100 selection index, which had already started somewhat weaker, remained slightly in the red throughout trading.
The publication of numerous important economic data this week makes investors more cautious again, above all the employment report on Friday. The air has gotten thinner after the recent rally following the US Federal Reserve decision in mid-July, as the Fed has made its monetary policy largely dependent on economic developments. After many considered the interest rate peak to have been reached, interest rate expectations have risen again somewhat after the mostly solid data recently, which currently make a recession seem unlikely.
The best-known Wall Street index Dow ended the day up 0.20 percent to 35,630.68 points. The market-wide S&P 500 fell by 0.27 percent to 4576.73 points. The Nasdaq 100 fell 0.25 percent to 15,718.01 points. All three indices posted gains of at least 3 percent in July. The strongest was the Nasdaq 100, which had increased by almost four percent in the past month./ck/he
2023-08-01 20:29:00
#Equities #York #Close #Dow
