Tax and vaccination debate unsettles US investors – Dow in the red

Trader on the New York Stock Exchange

View of the trading floor of the New York Stock Exchange.

(Photo: dpa)

Frankfurt, New York On Wall Street, US investors withdrew before the weekend. The Dow Jones index of standard values ​​closed on Friday 0.5 percent lower to 34,584 points. The technology-heavy Nasdaq was down 0.9 percent to 15,043 points. The broad S&P 500 lost 0.9 percent to 4432 points.

As a negative factor, stockbrokers cited the renewed concern that possible tax increases could reduce corporate profits in the future. Leading Democrats are keen to raise the top corporate tax rate from the current 21 percent to 26.5 percent.

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