Börse Express – New York Stocks Conclusion: Wall Street Index Dow extends losses

NEW YORK (dpa-AFX) – The mood on New York’s Wall Street has clouded over after a strong start to the year. Details from the central bank minutes had already resulted in a weak close of trading on Wednesday. The Dow Jones Industrial lost on Thursday another 0.47 percent to 36 236.47 points.

The S&P 500 gave up 0.10 percent to 4696.05 points. The tech-heavy Nasdaq 100 closed with minus 0.04 percent to 15,765.36 points, although this was also just as maintained, but has lost 3.4 percent since the beginning of the year.

Strong order entry data from industry and, albeit a little weaker than expected, but still strong ISM sentiment data from the service sector, caused a certain reluctance among investors. Because: According to these data, growth doubts are “not appropriate”, commented analyst Ulrich Wortberg from Helaba. It is true that they did not force expectations of rising interest rates in the US soon, but “these are already clearly pronounced”.

In its Minutes published the day before, the US Federal Reserve left no doubt that interest rates will soon be raised. In addition, some members of the monetary policy committee had spoken out in favor of starting to reduce the central bank’s total assets shortly after the first interest rate hike. That surprised the markets insofar as the Fed minutes had revealed a rather aggressive monetary policy view of the central bankers, judged analyst Birgit Henseler from DZ Bank./ck/he

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0282 2022-01-06/22:26

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