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tz-plus logo Positive US Economic Data Increases Uncertainty About Fed Course - DAX Without Clear Trend - Gold at New All-Time High - FDA Approves Oral Version of Semaglutide - Flutter Entertainment Enters Prediction Markets - Alphabet Acquires Intersect

M. Blattmann
Reading Time: 8 minutes

Little Movement in US Markets After Strong Economic Data - Investors Remain Cautious Wall Street found itself trading in an unclear direction following the release of unexpectedly strong US economic data. Good economic figures did not spark new price fantasies but increased uncertainty about the future monetary policy direction of the US Federal Reserve. The Dow Jones recorded a barely noticeable upward trend, closing at 48,444 points, while the S&P 500 stood at 6,897 points, and the tech-heavy Nasdaq moved slightly with 23,502 points. This...

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