Börse Express – Aktien New York Conclusion: Slight losses

NEW YORK (dpa-AFX) – Wall Street took a break on Tuesday in the latest record hunt. The most important indices closed slightly in the red. Overall, the mood on the stock market remains quite good after US Federal Reserve Chairman Jerome Powell recently reassured investors. According to Powell, the Fed is likely to reduce its bond purchases to support the economy, but not yet raise interest rates. The record-low interest rates are one of the drivers of the long-term stock market rally.

The leading index Dow Jones Industrial fell 0.11 percent to 35,360.73 points. On a monthly basis, this means an increase of 1.2 percent.

From a technical chart point of view, the Dow is currently still having trouble finding buyers above its most recent interim highs, wrote the expert Andreas Büchler from Index Radar. But if demand picks up again, the uptrend channel could be exhausted.

For the broader S&P 500 it went down on Tuesday by 0.13 percent to 4522.68 points. Among the technology indices, the Nasdaq 100 fell by 0.14 percent to 15 582.51 points./la/mis

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0333 2021-08-31/22:21

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