ROUNDUP / Aktien New York Conclusion: Slightly in the red after further records

gave way by 0.38 percent.

In June consumer prices rose surprisingly to 5.4 percent, the highest level since August 2008. In May, inflation was 5 percent, well above the two percent target set by the US Federal Reserve (Fed). However, because the latter assesses the increase as a temporary development, it does not want to intervene in monetary policy. However, there are growing doubts among economists as to whether the Fed is still correct in its assessment. In any case, this development will not make the Fed’s situation any easier, as Helaba’s analyst Ralf Umlauf said.

The hot phase of the reporting season in the USA started with two banks: the largest US bank JPMorgan reported a surprisingly strong profit jump in the second quarter and exceeded analysts’ estimates with its earnings per share. However, the result also included a provision release totaling $ 3 billion. The shares fell 1.5 percent. Goldman Sachs fell 1.2 percent. Despite an unexpectedly strong increase in profits, this bank had disappointed with its earnings in the trading business.

Boeing at the bottom of the Dow suffered with minus 4.2 percent from a lowered delivery target. New production defects in the long-haul 787 “Dreamliner” made this necessary. Further inspections and repairs are necessary for a number of 787 aircraft that have not yet been handed over to customers.

Pepsico placed in the S&P 100 by 2.3 percent. After robust growth in the second quarter, the beverage and snack manufacturer increased its forecast for the full year slightly.

The Euro at close of trading on Wall Street, it was $ 1.1778. It suffered from a dollar that strengthened following the latest inflation data. The European Central Bank set the reference rate in Frankfurt in the afternoon at 1.1844 (Monday: 1.1852) dollars. The dollar cost 0.8443 (0.8437) euros. On the US bond market, the futures contract for ten-year Treasuries (T-Note Future) fell by 0.29 percent to 133.01 points. The yield on ten-year government bonds rose to 1.41 percent./ck/men

By Claudia Müller, dpa-AFX

Source: dpa-AFX

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