NEW YORK (dpa-AFX) – The Dow Jones Industrial is again kindly expected on Friday. However, the record rally is unlikely to continue for the time being, only slight gains will probably not be enough for a new record. The broker IG valued the Dow an hour before the start 0.21 percent higher at 32 553 points. It would round off a so far strong week, so far the index has gained more than three percent.
It looks gloomy on Friday for the technology stocks concentrated on the Nasdaq stock exchange. Here the back and forth of the past few days continues with losses. The selection index Nasdaq 100, which is shaped by these industry values, was priced about 1.2 percent lower by the broker IG. This would give him some of his 2.4 percent strong profits from the previous day.
A certain gap remains between the Dow, which is floating on a positive wave, and the Nasdaq, which has been consolidating since the February slide. “Rotation is currently the topic on the stock markets: out of technology, into cyclicals,” commented Markus Reinwand from Helaba. Overall, however, investors’ willingness to take risks remains present.
A strongly fluctuating symbol for the tech index remains the share of Tesla, which fell by 3.3 percent on Friday before the market. Most recently, the price had temporarily returned above the $ 700 mark for the first time since the beginning of March.
On the corporate side, the review of the T-Mobile US Capital Markets Day on Friday provides a topic of conversation. After the price had initially reacted negatively on Thursday, they were now fluctuating before the market. Most recently there was a minus of 0.2 percent ./tih/mis
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