NEW YORK (dpa-AFX) – The record hunt on the US technology exchange Nasdaq entered a new round on Friday. Both the most important tech indices and the heavily weighted individual values Alphabet
The Dow widened its recent losses significantly, falling 0.75 percent to 35,601.98 points. On a weekly basis, the result is a minus of 1.38 percent. For the market-wide S&P 500
it went down on Friday by 0.14 to 4697.96 points. The Nasdaq 100
The tech values are currently being driven by some good company news as well as by the continued favorable environment. For example, the US Federal Reserve (Fed) will probably take its time with an interest rate hike, which many economists believe is the sharpest sword for combating inflation, even if Fed Director Christopher Waller has spoken out in favor of a faster exit from the loose monetary policy this Friday would have. Low interest rates make it easier for the generally very growth-oriented companies in the industry to get financing.
Moderna shares moved among the biggest winners on the Nasdaq 100
Intuit’s papers soared at the top of the index
by a good ten percent. The US investment bank Goldman Sachs had previously issued a buy recommendation for the shares. The software company was a few years ago with growth in the high ten percent range, wrote analyst Kash Rangan.
Applied Materials stocks
At the end of the Dow, Boeing’s shares buckled
The euro
The futures contract for ten-year Treasuries (T-Note-Future) rose accordingly by 0.23 percent to 130.88 points. The yield on ten-year government bonds fell to 1.54 percent./la/he
— By Lutz Alexander, dpa-AFX —
ISIN US2605661048 US6311011026 US78378X1072
AXC0314 2021-11-19/22:35
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.
– .