NEW YORK (dpa-AFX) – On the last trading day of the week, price losses dominated the picture on the US stock exchanges. The leading index Dow Jones Industrial
The so-called big decline on the futures exchanges could hold back the courses. On these four trading days a year, the stock business is usually determined by trading-technical aspects. But the meeting of the US Federal Reserve next Wednesday is already casting its shadow.
The market-wide S&P 500
Stock marketers speak of a “big decline” when the last trading day of all four types of derivatives, ie options and futures contracts on indices and individual stocks, falls on the same day. Share prices and indices are then prone to fluctuations even without specific news, because investors try to move prices in the direction that is favorable for them shortly before these derivatives expire.
Price-moving corporate news was in short supply ahead of the weekend. The investment company Invesco
The steel manufacturer United States Steel is considering building another steel mill. As a result, the share price fell 6.2 percent. Analysts worry that additional production capacity could result in oversupply. Carlos de Alba of Morgan Stanley also pointed out that US Steel would use a large part of the cash on the construction. / Get / men
ISIN US2605661048 US6311011026 US78378X1072
AXC0188 2021-09-17/16:21
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