New York (dpa -AFX) – A possibly dwindling view of soon -to -be interest reductions in the United States was beaten up to investors on Wednesday. However, the losses were limited in the end. The leading index Dow Jones Industrial lost 0.38 percent and closed with 44,461.28 points.
As from most market experts, the US Federal Reserve Fed exposed the key interest rates unchanged. But even with a look forward, no rapid interest rate cuts can be expected, Economist Thomas Gitzel from VP Bank wrote. “The upcoming labor market reports remain solid and do not come back the inflation rates, it will not be one Interest rate come in September. Monetary policy pushes.
The market width S&P 500 index (S&P 500) gave up 0.12 percent to 6,362.90 points. Nasdaq 100, dominated by technology heavyweights, went out of market with an increase of 0.16 percent to 23,345.41.
“The Fed door for interest rate cuts remains,” said Economist Michael Heise from HQ Trust. He referred to a robust economy in the United States and continued to be great uncertainty about the effects of US import duties. Inflation is likely to rise slightly over the course of the year. “That speaks against interest reductions”.
Harley-Davidson’s papers rapidly up to over 13 percent and the highest level since the beginning of the year. The motorcycle manufacturer enters a strategic partnership with the financial investors KKR and PIMCO.
Despite higher targets, shares of GE Healthcare (GE Healthcare Technologies) lost 7.8 percent in the current year. The manufacturer of medical technology expects a difficult market environment in China in the second half of the year.
Starbucks’s shares slightly gave up after initial profits. Sales and profit of the coffee house chain recently declined more than expected.
The health service provider Humana expects a better result in this financial year. However, other companies in the industry had recently disappointed with their forecasts. Humana shares won 12.4 percent.
Disappointing forecasts by Adidas also burdened the course of the opponent Nike, the course fell by 2.1 percent.
The tobacco group Altria has commented more confidently this year. This helped the course for a surcharge of 3.6 percent./bek/he
— by Benjamin Krieger, dpa-Afx —