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Börse Express – New York Stocks Conclusion: Dow is picking up again

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On the US stock market, the leading index Dow Jones Industrial After the sobering start to the week on Tuesday, we picked up speed again. According to stockbrokers, positive impulses came from statements made by a governor of the US Federal Reserve (Fed) on monetary policy. Lael Brainard had said the Fed should buy up assets on a massive scale for a sustained period of time in order to revive the economy in a “thick fog of uncertainty” caused by the virus crisis. The technology stocks, which had been badly shaken the day before at the end of trading, also recovered, although the price gains here remained manageable.

The Dow closed 2.13 percent up at 26,642.59 points. The broader S&P 500 increased by 1.34 percent to 3197.52 points.

The Nasdaq 100 advanced 0.82 percent to 10,689.52 points. On Monday, the stock market barometer passed the 11,000 mark for the first time in its history. / La / he

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0345 2020-07-14/22:24

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