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Wall Street: US-Börsen schließen im Plus nach uneinheitlichem Start in neue Woche

Die G7 wollten am Samstag ein klares Signal an den Ölmarkt senden: Es droht keine Knappheit. Anleger beruhigt das zunächst nicht. Zudem rückt der US-Dienstleistungssektor in den Fokus.

Wall Street: US-Börsen schließen im Plus nach uneinheitlichem Start in neue Woche

The major US stock indices closed in the green on Wednesday afternoon, marking a positive start to the new week. The Dow Jones Industrial Average, which tracks blue-chip stocks, rose slightly to 51,267 points. The S&P 500, a broader measure of the market, gained 0.7% to 7,773 points. The Nasdaq, known for its heavy weighting in technology companies, increased nearly 1% to 27,477 points.

The Nasdaq 100, which reflects the performance of the 100 largest non-financial companies by market capitalization, also saw a 0.9% increase to 31,076 points. Investors are closely watching oil prices this week, particularly given the recent agreement among Germany and other G7 nations to release oil reserves in response to rising fuel costs worldwide.

From now until four months, 100 million barrels of crude oil and diesel are expected to be released, coordinated by the International Energy Agency (IEA). The IEA estimates that approximately 100 million barrels of oil are consumed globally each day. The speculations among oil market investors suggest that the recent calm was due to an ample supply of oil and no imminent shortage.

Jochen Stanzl, Chief Market Analyst at Consorsbank, emphasized that the oil prices are not due to a lack of oil but rather record costs for insurance, disruptions in international shipping, and refinery bottlenecks.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at handelsblatt.com →

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