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New York equities: Dow slightly in the red – Tech indices hit record highs

The leading index Dow recently fell 0.36 percent to 30,884.35 points, making up for a large part of its losses of up to 1.4 percent that had accrued in early trading. After also very clear fluctuations, the S&P 500 last stepped almost on the spot at 3844.28 points.

Among the technology indices, the Nasdaq 100 was most recently 0.30 percent higher at 13,583.74 points. The market-wide Nasdaq Composite gained 0.46 percent.

The shares of Apple cracked the round mark of 140 US dollars for the first time and, after a brief excursion into the red, were most recently at the top of the Dow with 2.5 percent plus. The iPhone manufacturer will not present its figures until Wednesday after the market closes, but investors and experts are apparently already positioning themselves optimistically. It was considered helpful that the experts from the analysis house Wedbush believe that the papers with a target of 175 dollars have a lot of unbeaten potential.

US President Joe Biden will meanwhile renew the entry ban for foreigners from Europe this Monday. In addition, to protect against a new variant of the corona virus, entries from South Africa should also be limited, as the spokeswoman for the White House, Jen Psaki, explained. “This is not the time to lift restrictions on international travel,” said Psaki. Airline stocks suffered from the bad news. Papers from Delta, American Airlines and United were traded between 2.6 and 4.1 percent lower.

At the computer game dealer Gamestop, the latest price spectacle continues. The share certificates had meanwhile jumped 145 percent after they had already increased by more than half last Friday. Most recently there was an increase of 30 percent.

For fear of an imbalance, the Gamestop papers were still at a record low in the summer of 2020, but for a few days they have been unable to stop with a record level of a good 159 dollars. In the market, this is justified by the fact that those investors who previously bet on falling prices now have to buy on a large scale./la

(AWP)

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