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Börse Express – ROUNDUP / New York Stocks Conclusion: Virus fear scares investors

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The fear of spreading the coronavirus
and Wall Street has an economic impact
weak start to the week. The Dow Jones Industrial
fell to its lowest on Monday in early trading
Has stood for three weeks and closed with a minus of 1.57 percent
at 28 535.80 points. The broad S&P 500
posted the largest daily loss since early October and lost
ultimately 1.57 percent to 3243.63 points. The technology-heavy
Nasdaq 100 lost 2.07 percent to 8952.18 points.

Investors played it safe: US government bonds at ten
Years have risen to the highest level since the beginning of October.
“The risk parameters give clear indications of the reaction of
Investors on the outbreak of lung disease, “said a trader
and also pointed to gains in gold and US dollar quotes
as “safe havens” in uncertain times.

There are now almost 2,800 infections with that of China worldwide
outgoing virus 2019-nCoV confirmed. The number of deaths in China
rose to 80. “A spread is also confirmed in others
Countries, then this would be the next stage of escalation, “said
Analyst Jochen Stanzl from CMC Markets. conflicting
Information from social media and official Chinese
Announcements caused additional unrest.

From the industry perspective, there were shares from the travel and leisure sectors
especially under selling pressure. So American Airlines and
United Airlines each more than 5 percent. The papers of the
Cruise operator Royal Caribbean Cruises fell 7.6 percent.
The titles of the hotel and casino operators MGM Resorts and Las Vegas
Sands fell by almost 4 or almost 7 percent.

For Boeing share certificates it was ultimately about
2 percent down. In the meantime, they had recovered somewhat
after the CNBC broadcaster reported that the
Aircraft manufacturers from various banks provided total funding
Secured $ 12 billion.

Sprint shares lost more than 4 percent. The
US mobile operator and T-Mobile fusion partner had in the third
Business quarter posted another loss.

Beyond Meat shares won against the massive downward trend
4.4 percent. The meat substitute manufacturer went one
expanded cooperation with the fast food chain Denny’s.
Beyond Meat previously had partnerships with, among others
Dunkin ‘Donuts and McDonald’s closed.

The Euro kept at the level of in US trade
late European business and was last at $ 1.1019
traded. The European Central Bank (ECB) had the reference rate
set at $ 1.1025 (Friday: 1.1035). The dollar had
thus cost 0.9070 (0.9062) euros. Pioneering ten year old
US government bonds gained 24/32 points to 101 11/32 points. she
returned 1.60 percent / hour / hour

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0270 2020-01-27 / 22:31

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