US stock exchanges: Wall Street closes in the plus – but with a negative weekly balance sheet
While Bitcoin and gold are gaining interest from investors, the dollar is increasingly losing value. For this to change, the stock exchanges need a signal.
US stock market indexes closed with gains on Friday, despite rising US bond yields, high oil prices, and geopolitical crises. The Dow Jones index rose 1% to 53,277 points, while the S&P 500 and Nasdaq gained 0.4% to 7,674 and 26,180 points respectively. However, all three indexes posted losses for the week, with the Dow Jones down 0.7%, S&P 500 down 1.5%, and Nasdaq down 2.3%.
US bond yields have reached their highest level in 25 years, with 30-year Treasury yields exceeding 5% at a recent auction. The US debt has surpassed $40 trillion, with monthly interest payments estimated at $100 billion.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
