NEW YORK (dpa-AFX) – The US Federal Reserve’s economic report (“Beige Book”) at least somewhat curbed the daily losses on the US stock exchanges on Wednesday. Previously, strong sentiment data from domestic industry had raised fears of aggressive monetary tightening.
Der Dow Jones Industrial had quickly slipped into the red after a friendly start. After at times clearer deductions, he finally lost 0.54 percent to 32,813.23 points. The leading index thus continued its moderate price setback on Tuesday – before that it had increased for six trading days in a row and thus recovered from the lowest level since March 2021. The market-wide S&P 500 finally fell by 0.75 percent on Wednesday to 4101.23 points. The tech-heavy Nasdaq 100
recorded a minus of 0.74 percent to 12,548.36 points./gl/he
ISIN US2605661048 US6311011026 US78378X1072
AXC0401 2022-06-01/22:24
Copyright dpa-AFX business news GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.
–
