Börse Express – ROUNDUP / New York shares Conclusion: Dow turns positive

With a final sprint, the Dow Jones is industrial
on Thursday the jump into the profit zone
succeeded. The US leading index rose by 0.14 percent to 23,537.68
Points to the goal. The broader S&P 500 moved
by 0.58 percent to 2799.55 points. Technology stocks were like
on the previous days again better than the standard values. So the won
Nasdaq 100 1.93 percent to 8757.83 points.
Market watchers believe that many tech companies are strengthened
the virus crisis will go out.

New economic data from the USA were again devastating. So
the business climate in the Philadelphia region dropped sharply and
is significantly below expectations. At the same time
given the worsening pandemic in the US the fourth week
in a row millions of people apply for unemployment benefits.
5.2 million new applications were submitted last week
registered. That means around 22 million within a month
People lost their jobs.

In view of such figures, the easing will soon be eased
current restrictions in economic and public
Hoped for life, it was said on the market. Testimony from US President Donald
Trump on this is expected in the US this Thursday. in the
particularly severely affected by the corona pandemic
New York were the relatively strict exit restrictions
however extended until mid-May. You see below
other things, that people stay at home as much as possible
“Non-essential” shops must be closed
stay.

After most big banks their quarterly balance sheets this week
already published, Morgan Stanley followed
, KeyCorp and the Bank of New York
Mellon . And Morgan Stanley also said
In view of the Covid 19 crisis, high provisions for bad loans
to have formed what was at the expense of profits. Compared to
The surplus fell by around 30 percent in the same period last year. Long
quite clearly in the minus, the shares reduced this at the end
to only 0.10 percent. KeyCorp papers lost five and a half
Percent, those of BNY Mellon won just under four and a half
Percent.

For Amazon shares and Netflix
the soar continued with further course records. Amazon
rose almost four and a half percent at the end of trading, Netflix almost
three percent. In international comparison of all the big ones
Technology stocks are expected to be one of the Amazon
Crystallize the winners of the virus pandemic, they wrote
Authors of the weekly Bernecker-Börsenbrief. The
Streaming providers and film producers benefit from Netflix
many people because of the limitations of the economic and
are currently at home in public life and are more interested,
To watch movies.

The US airlines affected by the aftermath of the corona pandemic
suffered very high losses again. United Airlines
announced that the demand was basically
zero and there are signs of improvement in the near future
not – the United shares dropped by more than 11 percent,
American Airlines by almost ten percent. Were in the Dow
the shares of the aircraft manufacturer Boeing the biggest
Losers with a minus of just over eight percent.

However, there were price increases in the health sector. So started
the top of the leading index is the healthcare provider’s papers
and UnitedHealth health insurer with a plus
from almost six percent to their previous day’s strength. Pulled in the S&P 500
Abbott Laboratories by quarterly numbers by more than
five and a half percent. They were clearly better than expected
judged analyst Robbie Marcus of JPMorgan. He sees that
Pharmaceutical manufacturers continue to be one of those groups that do better
are positioned to stand up to both the Covid 19 crisis as well
to face a possible recession.

After a slump of just over 17 percent the previous day, it went
for Bed Bath & Beyond now up 18 percent.
The geared towards equipment for the kitchen, bathroom and living
Retailer had its the day before the market closed
Quarterly report submitted. The numbers were better than feared
failed.

The euro rate got stuck in the face of the strong
economic burden from the Corona crisis again below
Print. After the US exchange closed, the common currency became
$ 1.0838 traded. The European Central Bank had that
Reference rate previously set at $ 1.0888 (Wednesday: 1.0903),
the dollar therefore cost 0.9184 (0.9172) euros. On the US bond market
Trend-setting ten-year bonds gained 4/32 points on 108
13/32 points. They paid 0.617 percent /ajx/he

— By Achim Jüngling, dpa-AFX —

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0455 2020-04-16 / 22:36

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