Börse Express – Aktien New York Conclusion: Fear of rising interest rates is driving investors to flee

NEW YORK (dpa-AFX) – After the long weekend due to the holiday, rising bond yields weighed heavily on the US stock markets on Tuesday. Investors are increasingly expecting interest rate hikes by the US Federal Reserve due to persistently high inflation. Yields on 10-year US bonds rose to their highest level in two years – and at the same time weighed on stocks, particularly technology stocks on the Nasdaq. The banking sector also had to take a beating because the investment bank Goldman Sachs disappointed with its quarterly report.

Der US-Leitindex Dow Jones Industrial fell 1.51 percent to 35,368.47 points. The market-wide S&P 500
slipped by 1.84 percent to 4577.11 points. The tech-heavy Nasdaq 100 lost even more with 2.57 percent to 15 210.76 points. There is now a threat of a relapse to the lowest level in three months. Rising interest rates are a particular burden for high-growth companies, primarily in the technology sectors. The prices of chip manufacturers and their suppliers came under pressure./bek/zb

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0344 2022-01-18/22:24

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