Stock Exchange Express – ROUNDUP / New York Stocks on FedEx Director's Rally, Powell

The recovery in the US stock market has been on
Wednesday continued with the pace. Daily profits have fallen from
Dow and S & P 500 as strong as last March. Was fired
euphoric mood especially statements of the
Chairman of the US Federal Reserve, Jerome Powell. This reported during a
Talk to New York about an even more cautious approach to futures
Rate increases.

The Dow Jones Industrial Leader Index put the third
Consecutive day and finally won 2.50 percent to 25,366.43
Points. At the beginning of the negotiation was still the first
Wake up hope of a rapprochement in the
The US-China trade dispute is strengthened. Then there was
Powell's guidance on the interest rate policy has been added. "We know
that the economic impact of our rate hikes
uncertain, "said the head of the Fed, pointing out that he could
take a year or more to see the effects.
This has been interpreted by securities brokers
that a break of interest in the coming year is possible.

The S & P 500 at the market scale increased by 2.30 percent
2743.78 points. The Nasdaq 100 Selection Index displaced
3.17 percent to 6913.33 before.

In the Dow, the actions of the aircraft manufacturer Boeing were
and manufacturer of Caterpillar construction equipment with a
Plus a little less than 5% of the peak of the index. taillight
were after the clear profits of the day before against the papers of the
Verizon Telecommunication Company , which represents about 1%
decreases.

Salesforce jumped on the Nyse after the submission of the
Quarterly figures and annual targets of just over 10
High percentage. The software manufacturer and the SAP competitor had
third quarter thanks to the surge in cloud activity a surprise
strong increase in sales achieved. Because of the high investments
the decline in profits also exceeded expectations.

In contrast, Tiffany's papers sank at almost 12 hours
Percent reduction The jeweler was weaker than expected
Fancy jewelry purchases by Chinese tourists in the third quarter
sales were below expectations. Also showed
investors are disappointed with the only confirmation
profit prospects.

In the US bond market, the 10-year-olds have won
Government bonds 2/32 points at 100 20/32 points and paid with
3.05 percent. L & # 39; euro jumped up
and easily surpbaded the $ 1.13 mark again,
under which he had fallen after weak economic data. the
The closing of the negotiations on Wall Street costs the common currency
$ 1,1369. The European Central Bank had the reference rate
at the previous price of 1.1284 (Tuesday: $ 1328). The dollar
costs 0.8862 (0.8801) euro / cu / she

— By Claudia Müller, dpa-afx —

    ISIN US2605661048 US6311011026 US78378X1072

AXC0293 2018-11-28 / 22: 34

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