Börse Express – Equities New York Outlook: slight recovery expected

NEW YORK (dpa-AFX) – US stock markets are expected to have stabilized after the recent decline on the back of renewed interest rate concerns opening Thursday. Investors were now awaiting the release of US producer prices on Friday. The point is to see how effective the US Federal Reserve’s recent tight monetary policy is in […]

Börse Express – New York Equities: Weak China data hampers recovery

NEW YORK (dpa-AFX) – After two weak days on the stock market, there was still no sign of recovery in New York stock trading on Wednesday. The industrial Dow Jones it started trading around the previous day’s level, but was more recently 0.25% lower at 33,512.60 points. Disappointing trade data from China weighed on mid-week. […]

Börse Express – New York equities: Strong US labor market slows share prices

NEW YORK (dpa-AFX) – A surprisingly robust US labor market, with wages and salaries soaring, threatens the weekly balance of the main Dow Jones Industrial index on Friday mess up. According to observers, the US Federal Reserve may feel compelled to continue drastically raising interest rates to calm the job market. Prior to this scenario, […]

Börse Express – New York stocks: Investors cash in after wave of protests in China

NEW YORK (dpa-AFX) – Fears of a further tightening of Chinese restrictions against Covid marred investor sentiment on US stock markets earlier in the week. Beijing’s threat of tougher measures against the coronavirus pandemic has triggered the largest wave of protests in the country in decades and is likely to further dim global economic growth […]

Börse Express – New York Stocks: Low Willingness to Buy

NEW YORK (dpa-AFX) – Investors in the US stock market initially showed little willingness to buy during “Black Friday”. The industrial Dow Jones The last trading day of the week, which ends at 19:00 Central European Time after yesterday’s ‘Thanksgiving’ stock market holiday, was already a moderate lead for up to seven months. Three-quarters of […]