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Equities New York Conclusion: Strong price gains

NEW YORK (dpa-AFX) – Despite the ongoing war in Ukraine, investors accessed US stocks again on Thursday. The Dow Jones Industrial followed the losses of the previous day an increase of 1.02 percent to 34,707.94 points. Oil prices that fell over the course of the year eased the economic concerns that the high price level had recently aroused.

The market-wide S&P 500 gained 1.43 percent to 4520.16 points. The clearest gains were on the Nasdaq stock exchange with the technology-heavy selection index Nasdaq 100 , which extended gains by 14,765.70 points to 2.20 percent. There, rising chip values ​​were considered the central driver.

“The stock market’s susceptibility to fluctuations is likely to remain very high for the time being,” emphasized Helaba’s chief economist Gertrud Traud, referring to a combination of war, high raw material and energy costs and rising interest rates. Four weeks after the Russian invasion, fighting continued in Ukraine. The focus was on the summit marathon of NATO, the EU and the leading democratic economic powers (G7).

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