2023-06-09 07:00:00
NEW YORK (dpa-AFX) – The US stock market saved slight price gains over the finish line on Friday. The technology sector once once more held up well above average.
The Nasdaq 100, while edging back a little following hitting another high since early April 2022, ultimately maintained a gain of 0.30 percent to 14,528.36 points. Significant price gains by Tesla gave a boost. In addition, the trend topic of artificial intelligence (AI) continues to play a major role on the market and is pushing shares in this area. Shares in Microsoft, AMD and Salesforce also rose.
Therefore, the market-wide S&P 500, which is also peppered with many tech stocks, was not missing much with an increase of 0.11 percent to 4298.86 points up to the price level of April 2022. The leading index Dow Jones Industrial rose by 0.13 percent to 33,876.78 Points. On a weekly basis, it rose by around 0.3 percent. The Nasdaq 100, meanwhile, fell slightly in the weekly analysis following a six-week winning streak.
In the coming week, monetary policy highlights are on the agenda with US inflation figures and the Fed’s key interest rate decision./mis/ajx/ag/men
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