Wall Street: US‑Börsen schließen vor Zinsentscheid einheitlich im Minus
Die wichtigen Indizes an der Wall Street knüpften am Dienstag an die Entwicklung des Vortages an. Die Renditen der Staatsanleihen kannten derweil nur eine Richtung: nach oben.
As Wall Street closed in the red on Tuesday, investor sentiment was heavily influenced by fears of rising interest rates and surging oil prices. The day before the Federal Reserve's next interest rate decision, traders unwound their positions, adding to the losses from the previous day. The Dow Jones Industrial Average fell by 0.6 percent to 52,093 points, while the S&P 500 index slipped 0.4 percent to 7,586 points.
The tech-heavy Nasdaq Composite also declined by 0.8 percent, settling at 25,982 points. Even the Nasdaq 100, representing the 100 largest non-financial companies, saw a 0.7 percent decrease to 28,938 points. The upcoming Federal Reserve interest rate decision carries special significance, as market observers believe it will almost unanimously agree to a rate hike, according to CME's Fed Watch tool.
Inflation remained steady at 3.4 percent on an annual basis in August, as reported by the responsible statistical office. However, core inflation, which is particularly relevant to the Fed, remained elevated at 2.4 percent. While experts had expected these figures, expectations for an interest rate increase hardened despite the data.
On the day of the inflation data release, the expectation of a rate hike rose to over 90 percent, up from around 70 percent before the figures were made public.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
