Dow Jones, S&P 500, Nasdaq: Wall Street notiert uneinheitlich – Indizes suchen Richtung

Wall Street experienced a mixed performance, with major US indices seeking direction amid rising US bond yields, high oil prices, and geopolitical crises. After a losing day on Friday, the major US indices opened the trading week without losses. The Dow Jones Industrial Average, composed of 30 large US companies, closed at 53,045 points, marking a 0.6% gain.

The broader S&P 500 index, which tracks the performance of 500 large-cap US stocks, remained flat at 7,660 points upon market opening. The tech-heavy Nasdaq Composite, comprised of the largest 100 non-financial companies listed on the Nasdaq, also started the day altered, with a count of approximately 26,112 points. Even the Nasdaq 100, which includes the 100 largest Nasdaq-listed non-financial companies, showed minimal change at 29,306 points.

US Treasury bond yields have recently reached their highest level in 25 years, with yields on 30-year US bonds surpassing five percent during a recent auction. DWS attributed the surge to several factors, including the blockade of the Hormuz Strait, which has driven up oil prices and increased inflation pressure, as well as speculation about potential interest rate hikes by the Federal Reserve.

Rising interest rate expectations generally lead to higher bond yields. Meanwhile, increasing skepticism among investors toward US fiscal policy has grown, with the US national debt exceeding 40 trillion dollars. The US Treasury Department spends approximately 100 billion dollars per month on interest payments alone, a trend that is expected to continue rising.