US Stock Exchanges Showed a Mixed Picture on Wednesday. At the close of trading in New York, the Dow was calculated at 44,149 points, a minus of 0.2% compared to the previous trading day.
Just a few minutes earlier, the broader S&P 500 was calculated at around 6,080 points, a plus of 0.8%, and the Nasdaq, the technology exchange, was calculated at around 21,764 points, a plus of 1.9%.
Investors evaluated the newly published US inflation data, which met the expectations of many observers. In November, prices in the United States rose by 2.7% compared to the previous year, and by 0.3% compared to the previous month. The often referred to “core inflation” without energy and food, which was 3.3% in November, was also 3.3% in the previous month.
Google’s parent company, Alphabet, saw particularly strong gains in its stock price. The search engine giant had announced a breakthrough in the development of quantum computers in recent days and presented a new model of artificial intelligence, “Gemini”. The model is to be integrated into numerous Google products in the future.
The European common currency was weaker on Wednesday evening: one euro was worth 1.0496 US dollars, and one dollar was worth 0.9527 euros.
Gold was able to profit, and at night, one fine ounce was sold for $2,717 (+0.8%), which is equivalent to €83.22 per gram.
Meanwhile, the oil price rose significantly: a barrel of the Brent North Sea type was worth $73.56 at around 22:00 German time, which is an increase of 1.9% compared to the close of the previous trading day.