New York equities: Hardly weaker after recent records | message


NEW YORK (dpa-AFX) – Even after the recent price records on Wall Street on Easter Monday, investors waived major profit-taking on Tuesday. The Dow Jones Industrial (Dow Jones 30 Industrial) traded only slightly weaker in the first half hour after the start of the stock market, at minus 0.15 percent to 33,478.29 points. In the medium and long term, the trend arrow in the Dow clearly points upwards, wrote chart technology expert Franz-Georg Wenner from Index Radar. In the coming days, however, investors should be patient.

A surprisingly strong increase in employment in the US in March had driven both the Dow and the broad-based S&P 500 to highs the previous day. On the technology-heavy Nasdaq stock exchange, however, new records failed to materialize. This Tuesday, the S&P 500 has so far been down 0.05 percent, hardly changed to 4076.04 points. The Nasdaq 100 was down 0.14 percent to 13,579.29 points.

“The growth impulses come from the Covid 19 crisis, because the proportion of those vaccinated is increasing,” wrote Goldman Sachs analyst Chris Hussey. He spoke of the most recent impressive economic signals in the USA. There are no signs of overheating or concerns about inflation./ajx/he

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