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Börse Express – New York Stocks Conclusion: Stock exchanges recover

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NEW YORK (dpa-AFX) – In the course of a price jump in the shares of Merck & Co has become the Dow Jones Industrial
recovered largely on Friday from its previous day’s losses. The news that the pharmaceutical company is about to break through with a drug against Covid-19, after days of fear of interest rates, once again focused on the hope of a way out of the pandemic.

In the end, the leading index advanced by 1.43 percent to 34,326.46 points. It got off to a good start in October. On a weekly basis, he was able to reduce his minus, which was driven by concerns about inflation, US budget poker and economic worries due to delivery bottlenecks, to 1.4 percent.

The broader S&P 500 rose by 1.15 percent to 4,357.04 points. The recovery was somewhat milder for the high-growth tech stocks, which had recently been hit particularly hard by fear of a tighter monetary policy. The Nasdaq 100 selection index coined by them gained 0.70 percent to 14,791.87 points./tih/he

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0338 2021-10-01/22:16

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