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NEW YORK (dpa-AFX) – The Dow Jones Industrial (Dow Jones 30 Industrial) and the S&P 500 held on to record levels on the US stock market on Thursday. The leading index closed with a slight plus of 0.04 percent to 35 499.85 points and thus remained only around eleven points below the record high it had reached at the opening.
The market-wide S&P also rose faster than ever and closed with a plus of 0.30 percent to 4460.83 points, just below its record. On the Nasdaq, the technology-heavy selection index NASDAQ 100 gained 0.41 percent to 15 088.98 points. Apple shares were among the favorites, up 2.1 percent.
By midweek, investors reacted with relief that the already high inflation rate in the United States had stopped rising. The standard value indices had continued their record hunt. On Thursday it became known that US producer prices have increased surprisingly significantly. That should now further fuel inflation expectations in the USA. The producer prices influence the consumer prices, at which the US Federal Reserve its Monetary policy aligns. For the time being, however, the fear of an earlier tightening of monetary policy has been dispelled, according to the trade./ajx/he
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