Home » News » Börse Express – Share New York: The pressure after the Fed defeat continues for the moment

Börse Express – Share New York: The pressure after the Fed defeat continues for the moment

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NEW YORK (dpa-AFX) – After the major setback in the Fed’s interest rate decision the day before, US stock exchanges will remain counted on Thursday. The leading Dow Jones Industrial Index it lost 0.67 percent to 31,931.54 points in early trading.

The S&P 500 as a market-wide index, it recorded less than 0.94 percent at 3724.24 points. The high-tech Nasdaq 100 was also able to recover from the particularly significant losses of the previous day it did not recover with less than 1.27 percent to 10,767.94 points. US service sector sentiment data was worse than expected.

In the middle of the week, US stock exchanges were significantly impacted by statements from the US Federal Reserve. As expected, the monetary authorities again raised the reference rate by 0.75 percentage points. Investors only heaved a sigh of relief that benchmark interest rates may soon rise less sharply. The prospect of an end to interest rate hikes, not yet predictable, weighed more heavily.

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0305 2022-11-03 / 15: 24

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