On Wall Street, investors should be in a good mood even at the end of the week. The broker IG assessed the Dow Jones Industrial, the world’s most famous stock market index
three quarters of an hour before the start of trading 0.42 percent higher at 31 187 points. This means that the record high of 31,272 points that was only reached in January is not far away. The latest US labor market report did not provide any additional momentum. The increase in employment in January was somewhat below expectations.
As early as Thursday, two of the four most important stock indices had once again reached new records: the diversified S&P 500
as well as the technology-heavy Nasdaq Composite
.
In general, the mood on the international stock markets has been improving for a few days. After concerns about higher fluctuations in the overall market caused by speculation-driven purchases of individual stocks had caused uncertainty in the past few weeks, investors are now increasingly hoping for positive impulses from Washington. There, Democrats and Republicans are negotiating a Corona stimulus package.
Among the individual stocks, the shares of Ford rose in pre-market trading by almost three percent. The second largest US automaker was deeply in the red at the end of the year, but wants to significantly increase investments in electric vehicles. In addition, the group achieved earnings per share on an adjusted basis – a loss was expected here.
The Snapchat photo app gained 16 million daily users in the past quarter. The shares of the operating company Snap lost around seven percent in pre-market trading after the forecast for the current quarter had disappointed investors.
For T-Mobile US papers it went down by around two percent before the market. The takeover of the smaller rival Sprint had the growth of the US subsidiary of Deutsche Telekom
driven last year. But here too the forecast disappointed, with a view to profit.
Shares in Magnite made a jump in joy of almost 28 percent . The ad tech company wants RTL’s SpotX advertising subsidiary
take over. / la / ajx / jha /
ISIN US2605661048 US6311011026 US78378X1072
AXC0257 2021-02-05 / 14:54
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.
– .
