NEW YORK (dpa-AFX) – The US stock exchanges presented themselves quite robustly on the Friday before the long weekend. However, the indices gave up the majority of their gains a few minutes before close of trading. The leading index Dow Jones Industrial (Dow Jones 30 Industrial) ended up with an increase of only 0.19 percent to 34,529.45 points. He posted an increase of 0.9 percent on a weekly basis. The market-wide S&P 500 closed on Friday 0.08 percent higher to 4204.11 points. Ultimately, it went up by 0.21 percent to 13,686.51 points for the technology-heavy NASDAQ 100. Monday is a public holiday in the USA and the stock exchanges are then closed.
All in all, investors on the US stock market were more willing to take risks most of the time, given the solid economic data, the spending plans of US President Joe Biden and the expectation that the US will continue to be very relaxed.Monetary policy, it said from the trade. The draft budget published on Friday said the budget for the coming year of around six trillion dollars will make the US more competitive by investing in infrastructure, education and research. The investment would create millions of jobs./ajx/he
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