new York The positive results of the annual stress test for US banks and strong economic data have pushed Wall Street into the black. The Dow Jones index of standard values was up 0.7 percent on Thursday at 34,103 points. The broader S&P 500 advanced 0.3 percent to 4392 points. The index of the technology exchange Nasdaq took a breather after the recent strong price increases and fell 0.1 percent to 13,580 places.
According to the results of the annual stress test, the major banks active in the USA can withstand an economic crisis in an emergency. “Investors are relieved because these tests are really crucial,” said Thomas Hayes, a manager at wealth manager Great Hill. “The fact that the banks passed with flying colors tells us that our earlier fears about the banks were probably overblown.” Shares in major US banks Morgan Stanley, Goldman Sachs, Citigroup and Wells Fargo gained between 1.9 and 4 .2 percent.
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