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 eased concerns about the economy, but on the other hand, investors also assumed that the US Federal Reserve would make faster and larger interest rate hikes. Despite the omicron wave, 467,000 new jobs were created in the US in January, after analysts had expected only 150,000.
The Dow Jones index of standard values fell by 0.3 percent to 35,044 points. The broader S&P 500 was up 0.2 percent at 4484 points. The index of the technology exchange Nasdaq was 0.7 percent higher at 13,972 points.
Tech stocks benefited from encouraging business numbers from Amazon. These calmed the nerves of investors after the shock of the figures from Facebook’s parent company Meta on Thursday caused stock markets worldwide to struggle.
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