US investors are becoming more cautious – indices are falling

Frankfurt, New York After the recent price records on Wall Street, some investors are cashing in. The US standard value index Dow Jones closed on Tuesday 0.3 percent lower to 36,319 points. The technology-heavy Nasdaq was down 0.6 percent to 15,886 points. The broad S&P 500 lost 0.3 percent to 4685 points.

“The markets have risen quickly and strongly,” said Emmanuel Cau, senior investment strategist at Barclays Bank. “The impulses from the company balance sheets for the third quarter are slowly running out.” He regards the current breather as healthy.

The record increase in US producer prices of 8.6 percent compared to the same month last year put pressure on the buying mood. Experts also predict an accelerated rise in consumer prices due on Wednesday. “Most investors are now realizing that inflation is picking up,” said Robert Pavlik, portfolio manager at Dakota Wealth. “It does not rise as much as originally feared, but it does rise.”