Interest rate speculation after strong US job data are affecting stock markets

Wall Street Dealer

The positive job data in the USA triggered interest rate speculation on the markets

(Photo: AP)

new York
With the handbrake on, US investors approached on Friday. On the one hand, a surprisingly strong increase in jobs on the labor market eased concerns about the economy, but on the other hand, investors also assumed that the US Federal Reserve would raise interest rates faster and larger. Thanks to Amazon, technology stocks ended the week on a positive note after the recent high price fluctuations.

The technology-heavy Nasdaq advanced 1.6 percent to 14,098 points. The broad S&P 500 gained 0.5 percent to 4,500 points. The Dow Jones index of standard values, on the other hand, lost 0.1 percent to 35,089 points.

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

Read on now

Get access to this and every other article in the

Web and in our app free of charge for 4 weeks.

Continue

.
source site-14