NEW YORK (dpa-AFX) - The USstock marketn ultimately made no further progress on Wednesday. From the early rise to just over the 34 mark, there was little left for the Dow Jones Industrial. The price barometer lacked the strength and the investors the necessary impetus during the course of the day. With 700 points, he was only a slight plus of 34 percent over the finish line.
The picture was similar for the other New York indices, with early gains also fading. The market-wide S&P 500 ended up 0,14 percent to 4208,12 points, while the tech-heavy Nasdaq 100 Went 0,16 percent higher at 13 points.
Investors, so it was said in the market, are currently maneuvering between hopes of a strong economic recovery and worries that inflation will rise too sharply, which could put pressure on the US Federal Reserve with its loose interest rate policy. As a result, the US stock exchanges had already lost their initial momentum on Tuesday.