Equities New York: Losses – High import prices put Fed minutes in focus

NEW YORK (dpa-AFX) – The relief on Wall Street at signals of relaxation in the conflict over Ukraine evaporated again on Wednesday. According to NATO findings, Russia is continuing its troop deployment in the border area with Ukraine, contrary to other announcements. The Dow Jones Industrial (Dow Jones 30 Industrial) fell 0.20 percent to 34,915 points in early trade.

In addition to economic data, the focus is on the minutes of the last meeting of the US Federal Reserve – and with it the fear of investors of rapidly rising key interest rates. The fact that prices for imported goods in the USA rose by almost eleven percent in January fits into the picture of unchanged high inflation. Analysts, on the other hand, had expected a smaller plus.

The market-wide S&P 500 fell by 0.45 percent to 4451 points. The technology-heavy NASDAQ 100 went down more strongly with 1.2 percent to 14,449 points./bek/he

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