The initial buyers on Wall Street quickly retreated on Wednesday. The Dow Jones Industrial turned into the red early on and lost 0.58 percent to 28,514.00 points in the end. The day before, the US benchmark index had already paid tribute to its previous rally and fell by a good half a percent.
For the market-wide S&P 500 it went downhill by 0.66 percent to 3488.67 points in the middle of the week. The technology-heavy selection index Nasdaq 100 , which had just slipped into the red on Tuesday, ultimately lost 0.81 percent to 11,985.36 points.
Initially, mixed company news and concerns about the global development of the corona infection numbers had slowed down the willingness to take risks. Then US Treasury Secretary Steven Mnuchin provided an additional mood damper. Although he wants to continue negotiating, he believes that an agreement with the Democrats on another Corona economic stimulus program before the presidential election on November 3rd is difficult./gl/he
ISIN US2605661048 US6311011026 US78378X1072
AXC0355 2020-10-14/22:23
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