NEW YORK (dpa-AFX) – At the end of a strong stock market week, investors took profits on the US stock exchanges on Friday. After a particularly pronounced recovery, this was particularly true for the technology sector, such as the Nasdaq 100 with a setback of 1.77 percent to 12,396.47 points. A price drop at the app provider Snap created a bad mood for internet stocks there.
The US standard stocks, which have risen less recently, have consequently come under less pressure: The Dow Jones Industrial
finally fell by 0.43 percent to 31,899.29 points. The diversified S&P 500 lost 0.93 percent to 3961.63 points.
All three New York indices had reached their highest levels in six weeks in a multi-day recovery rally. Even though the Nasdaq 100 fell more sharply on Friday, the technology-heavy index had the best weekly result with a plus of 3.5 percent. The Dow drove a nearly two percent weekly gain./tih/he
ISIN US2605661048 US6311011026 US78378X1072
AXC0301 2022-07-22/22:17
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.
–