The fear of a flare up again
Conflict between the US and China hit investors on Friday
Appetite spoiled for shares. The leading index Dow atoned
2.55 percent to 23 723.69 points. They also came
Quarterly numbers of heavyweights like Amazon ,
Chevron and ExxonMobil both
Investors are not doing well. Throughout the week, the Dow Jones
Index suffered a small loss.
US President Donald Trump says it has evidence
that the corona pandemic originated in a Chinese
Research laboratory might have taken. When asked one
Journalists if he saw information that gave him a “high
Level of confidence “in this regard, Trump said on
Thursday evening (local time) at the White House: “Yes, I have.” The
Bloomberg news agency reported, citing
a person familiar with the matter that Trump is considering, one
Government pension funds invest in Chinese stocks too
to forbid.
The broad S&P 500 gave up 2.81 percent
2830.71 counters after. The Nasdaq 100 lost 3.14
Percent to 8718.18 points. Analyst Edward Moya from broker Oanda
also suspected profit taking behind these losses, “before
especially with heavyweights like Apple and Amazon “.
“The mood for stocks is back on track,” wrote
CMC analyst David Madden looks at Trump’s testimony.
With 30 million unemployed in the US as a result of the
Corona crisis, the US president is trying to China for the pandemic
to blame. Now there might be a new one
Trade dispute between the two countries.
Amazon Shares fell 7.6 percent after on
Had climbed to a record high the previous day. The corona crisis
gives the online retailer a lively flow of customers, leads
but also to higher expenses – for example due to a
Hiring offensive because of the rush of customers. The group warned
now before special costs.
For Chevron papers it was about 2.8 percent
down. The US oil company is canceling in the wake of the Corona crisis and
falling crude oil prices put the investments back together. The
Share certificates from industry colleague ExxonMobil
collapsed by 7.2 percent. The slump in oil prices had that
Group rocketed a big loss in the first quarter.
Apple Shares declined 1.6 percent on a quarterly basis
to. Analysts have confirmed the iPhone manufacturer to be good so far
to have come through the corona crisis. However, that was
Share price from the crash low in mid-March by almost 40 percent
gone up.
Shares of Tesla lost more than ten percent.
The pressure on the course was triggered by a tweet from the boss Elon Musk, which the
Stock price appeared too high. From the crash low on March 18 at a good 350
Dollars to the previous day’s high were almost 150 percent behind
shot above.
At the end of the leading Dow index, the shares of the chemical company were found
Dow Inc with a loss of 7.5 percent again.
Both Citigroup and Bank Credit Suisse had that
Buy recommendations for the titles deleted.
The credit card giant Visa had profit and
Revenues increased significantly in the most recent business quarter, warned
but that the next few quarters will be difficult because of the corona pandemic
could become. The share price declined by 1.8 percent.
There was hardly any movement on the US bond market, trend-setting ten-year-olds
Government bonds rose by 4/32 points to 108 08/32 points. they
returned 0.63 percent. The Euro could gain
did not hold against the US dollar and was listed on the
Wall Street at $ 1.0977. The European Central Bank had that
Reference price last set at 1.0876 on Thursday. The
The dollar had thus cost 0.9195 euros
— By Benjamin Krieger, dpa-AFX —
ISIN US2605661048 US6311011026 US78378X1072
AXC0167 2020-05-01 / 22:20
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.
– .
