US stock exchanges end the last trading day of the year with slight losses

Frankfurt, New York The US stock exchanges were weaker on the last trading day of the year. The Dow Jones lost 0.2 percent to 36,338 points on Friday. The technology-heavy Nasdaq fell 0.6 percent to 15,645 points and the broad S&P 500 lost 0.3 percent to 4,766 points.

In December, however, the Dow rose 5.4 percent, the Nasdaq 0.7 percent and the S&P 4.4 percent. This gained 10.7 percent in the fourth quarter, the Dow 7.4 percent and the Nasdaq 8.3 percent. Over the year, the price gains were even more pronounced: The Dow rose by 18.7 percent in 2021, the Nasdaq 21.4 percent and the S&P 26.9 percent. All three indices rose for the third year in a row.

In contrast, the year was less brilliant for precious metals. Gold fell about four percent, the largest annual loss since 2015. Silver fell by more than eleven percent, the most sharply since 2014. Palladium plunged 22.2 percent, the first annual loss in six years. Platinum lost more than nine percent.

Experts do not initially expect the equity rally to continue at the beginning of 2022. However, they see room for improvement in the further course of the year, albeit not for similarly large leaps as in the past year. “Since the monetary policy support is waning and the pandemic is not over, next year it should come down to a single-digit percentage increase,” said Robert Greil from the Merck Finck bank recently.

Top jobs of the day

Find the best jobs now and
be notified by email.

Individual values ​​in focus:

Tesla: The title of the electric car manufacturer slipped by 1.27 percent. After the recall of almost half a million cars in the USA the day before, the electric car maker now has to order vehicles to the workshops in China as well. In the year almost ended, however, the company’s share price, which is one of the few worldwide on the stock market to be valued at more than one trillion US dollars, rose by almost half.

Novavax: The biotech company wants to postpone its application for emergency approval for its corona vaccine for another month. The step announced for the third quarter was postponed to the fourth in August. Novavax shares were 7.6 percent in the red at the close of trading.

More: These eight stocks are the bearers of hope for the stock market year 2022

.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.