NEW YORK (dpa-AFX) – Wall Street ended a weak week clearly in the red on Friday. On the day options on indices and individual stocks expired, there was hardly anything to be gained by investors. The mood was weighed down by comments from the President of the Fed of St. Louis, James Bullard, who isRate hike already expressed in 2022. That would be much earlier than the two hikes promised by the US Federal Reserve on Wednesday towards the end of 2023.
The Dow Jones Industrial (Dow Jones 30 Industrial) closed almost at the daily low with a minus of 1.58 percent at 33 290.08 points. This was the fifth weak trading day in a row and the lowest level since the beginning of April. The US leading index thus posted a weekly loss of almost three and a half percent.
The S&P 500, which represents the broad market, lost 1.31 percent to 4166.45 meters. The tech-heavy NASDAQ 100 fell 0.81 percent to 14,049.59 points. The day before he had set another record with just over 14,200 points./edh/he
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