Slight gains on the US stock markets despite a lack of clarity - investors cautious about new inflation data

Slight gains on the US stock markets despite a lack of clarity - investors cautious about new inflation data

According to a report from www.tagesschau.de, the major US stock indices closed with slight gains. There was no clear line as investors remained cautious ahead of new inflation data. The US stock markets closed today with slight gains. Meanwhile, stocks rose in the first part of the session, but investors remained cautious and avoided major risks. The leading index Dow Jones rose moderately by 0.24 percent to 35,416 points. The S&P 500 index and the Nasdaq also closed with slight gains of between 0.1 and 0.3 percent. Market strategists at Citigroup noted that one of the best November rallies for the S&P 500 index in a century is running out of steam. US markets appear to be taking a breather after Thanksgiving. One factor moving markets is the upcoming release of the PCE price index on Thursday by the US Federal Reserve.

Novavax shares attracted investor interest, while Boeing shares were among the biggest winners in the Dow Jones. Amazon entered the chatbot market when its cloud division AWS introduced the Q chatbot program for business customers. The close connection to reliable data is intended to prevent so-called hallucinations, in which software with artificial intelligence freely invents things. Furthermore, investors in the German stock market were cautious again today. The German leading index DAX closed slightly higher by 0.16 percent to 15,992 points. Investors' attention is primarily focused on the expected inflation data from Germany and the euro zone as well as consumption data from the USA.

The shares of the energy company RWE, however, rose after the company announced higher targets for the current decade. The euro also rose against the dollar, driven by statements from US Federal Reserve Director Christopher Waller and Bundesbank President Joachim Nagel. The US housing market showed signs of recovery and consumer confidence also improved. Prices on the crude oil market have strengthened over time, primarily due to the continued depreciation of the dollar.

The fluctuations on the stock markets could continue due to the upcoming release of further inflation data as well as new developments in the chatbot market. Investors will also have to pay attention to the upcoming production policy of the OPEC+ production network and the effects on the crude oil market.