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US-Börsen: Dow Jones verliert mehr als 600 Punkte – Anleiherenditen sinken

Trotz starker Quartalsberichte verlieren Techunternehmen. Dabei sorgen sich Anleger nicht nur um die aktuellen Gewinne, sondern um die künftigen. Daher flüchten sie in sichere Anlagen.

US-Börsen: Dow Jones verliert mehr als 600 Punkte – Anleiherenditen sinken

The fear of a costly arms race in artificial intelligence weighed heavily on US stock markets at the end of the trading week. Major US indices on Wall Street were largely in the red on Friday. The Dow Jones Industrial Average, which tracks the largest blue-chip stocks, fell just over 1.2% to a close of 52,215 points. The broader S&P 500 index slipped 0.5%, ending at 7,623 points.

The technology-focused Nasdaq also closed slightly in the red at 25,955 points. The Nasdaq 100, which tracks the 100 largest non-financial companies by market capitalization, remained essentially unchanged at 28,957 points. Technology stocks in particular faced pressure, leading the Nasdaq with a 2.6% daily decline since early June.

The Nasdaq 100's volatility index currently stands at 29, according to LSEG data. While this is above its 12-month average of 24, according to Thomas Altmann, a portfolio manager at QC Markets, the market is still far from panic levels: In April 2025, the index had only reached around 40 points. Read more: With Bessent's appearance, there was little movement on US markets.

Investors are not concerned with current profits, but with future ones. Several major tech companies have reported strong quarterly results and announced plans to invest more in AI. However, investors fear that these expenditures may drag future profits down and not pay off quickly. Strong results at the start of the week initially boosted the US stock markets, but costs began to loom as the week progressed.

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

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