NEW YORK (dpa-AFX) – The recovery on the US stock markets continued on Thursday. The Dow Jones Industrial (Dow Jones 30 Industrial) rose 0.43 percent to 32,859.03 points, its highest level in three weeks. According to stockbrokers, the index has now left the downward trend that began in mid-February with the latest gains.
In view of the recent turbulence in the banking sector, a more relaxed attitude is spreading on the part of investors. Investors on the US bond market no longer rely more on safe paper. The S&P 500 sector of financial stocks has meanwhile stabilized noticeably from the recent low in the past week.
The market-wide S&P 500 gained 0.57 percent on Thursday to 4050.83 points. The technology-heavy NASDAQ 100 index rose 0.91 percent to 12,963.14 points./bek/he