US-Börsen: US-Börsen schließen leicht im Plus – Anleger halten sich trotz Fed-Zinsentscheid zurück
Der Fed-Entscheid über die Leitzinsen bewegte die US-Börsen am Mittwoch kaum. Anleger warteten auf die Quartalszahlen zweier „Magnificent Seven“-Konzerne. Doch Chipwerte profitierten.
On a mid-week, US investors exhibited caution in the markets. The major indices closed marginally in the plus on Wednesday. Market participants remained unperturbed by the Federal Reserve's (Fed) interest rate decision. Wall Street's response to the Fed decision was minimal. The Dow Jones Industrial Average, representing blue-chip stocks, ended the trading day up by 0.2 percent at 52,480 points.
The broader S&P 500 index gained 0.4 percent, closing at 7,751 points. The technology-focused Nasdaq index saw a rise of 0.3 percent, finishing at 25,550 points. The Nasdaq 100, which tracks the 100 largest non-financial companies by market capitalization, increased by just 0.6 percent, settling at 29,813 points. Experts from LBBW noted that despite the abundance of market-moving events, caution would likely dominate for the time being.
Many investors tend to avoid significant positions before key corporate and central bank decisions. After the market closed, tech giants Microsoft and Alphabet (Google's parent company) were set to release their quarterly earnings. Investors will closely examine the cloud computing segment of these companies, often viewed as a gauge for demand in the artificial intelligence (AI) sector.
Ted Parrish, Chief Investment Officer at Parrish Capital, stated that a further acceleration in cloud growth would be reassuring for investors, as it would instill more confidence in their AI investments. Should the companies underperform in cloud growth or fail to demonstrate the value of their AI investments, their stock prices could plummet, similar to Meta Platforms after the release of its earnings last week.
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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