NEW YORK (dpa-AFX) – The US stock markets extended their initial minus in trading on Friday. Disappointing quarterly reports from some technology groups dampened the recently brightened mood among investors. The volatility on the stock exchanges remains high, said market expert Jim Reid from Deutsche Bank and referred, among other things, to the recently strengthened US dollar and rising oil prices as an expression of the increasing uncertainty.
Der Dow Jones Industrial
Fresh US economic data had little impact on prices. US consumer sentiment did not improve quite as much as expected in April. The consumer climate survey by the University of Michigan rose by 5.8 points to 65.2 points compared to the previous month. US consumer spending increased significantly in March. The labor cost index climbed 1.4 percent quarter-on-quarter in the first quarter.
A disappointing quarterly report from Amazon
At other tech giants like Apple
Outside the tech sector, too, there were increasingly negative price reactions after quarterly reports on Friday. The shares of the oil company Chevron