Dow Jones, S&P 500, Nasdaq: Sinkende Ölpreise stützen US-Börsen
Erneut rutschen die wichtigsten US-Börsenindizes ab. An der Wall Street befeuert der Anstieg der Erzeugerpreise im August Spekulationen auf eine baldige Zinserhöhung durch die Fed.
Following four consecutive loss days, US stock markets closed the week on the positive side due primarily to falling oil prices. The Dow Jones Industrial Average rose 1 percent to 52,584 points, while the broader S&P 500 gained nearly 1 percent to 7,665 points. The technology-heavy Nasdaq Composite also climbed 1.1 percent to 26,370 points.
The Nasdaq 100, which reflects the 100 largest non-financial companies by market capitalization, increased slightly over 1 percent to 29,415 points. The gains are largely attributed to significantly lower energy prices. The price for a November delivery of Brent crude reached up to $110 per barrel in the early hours, but has since settled around $105.
The movement of the US West Texas Intermediate (WTI) crude oil also followed a similar pattern, closing at around $100 per barrel. Despite ongoing tensions in the Middle East, with the Houthi militia allied with Iran now controlling the entire Red Sea coast off Yemen, risking oil and gas tankers passing through the Bab al-Mandab strait, the situation does not pose a negative impact on global markets.
Inflation numbers for August, which moved within expectations, indicate that the US Federal Reserve will likely raise interest rates in the coming week.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
