US stock exchanges are deflating for the weekend

US stock exchanges are deflating for the weekend. After the new record highs the previous day, the week ended with profit-taking on Wall Street. Traders pointed to a turbulent week with a flood of corporate figures and the meeting of the US Federal Reserve. Despite the price losses on Friday, April was still the best month on the stock market since November for the S&P 500. Weak economic data from China, where purchasing managers' indices fell in April and missed expectations, also fit into the picture. In addition, the Corona headlines caused increased concern. The current wave of infections is particularly raging in Japan, Brazil and India. This development could seriously disrupt global supply chains, which could cause prices to rise. This could additionally fuel the already high inflation in the USA, it said. The Dow Jones index lost 0.5 percent to 33,875 points. The S&P 500 fell 0.7 percent to 4,181 points. The Nasdaq composite fell 0.9 percent to 13,963 points. For every 1,074 (Thursday: 1,741) course winners at Nyse there were 2,267 (1,574) losers. 115 (160) titles went unchanged from the market. In contrast, positive US economic data will not support the market. The mood of purchasing managers from the Chicago area unexpectedly brightened in April. The US consumer sentiment index calculated at the University of Michigan also rose faster than expected in April. US household incomes also rose a record 21.1 percent in March as business stimulus checks hit bank accounts and consumer spending soared.