The leading index Dow Jones Industrial advanced on Friday by 0.46 percent to 32,633.71 points. This was not enough for another record. The Dow had set record highs in each of the last four trading days. He is currently heading for a weekly plus of 3.6 percent. The index has recently risen unusually quickly and has exhausted its potential in the short term, explained the chart technology expert Franz-Georg Wenner from Index Radar. Newcomers should be patient and wait for better buying opportunities. Wenner spoke of a respite with an announcement.
The market-wide S&P 500 sank so far on Friday by 0.37 percent to 3924.70 points and thus moved a little away from its record from the previous day. The US consumer confidence determined by the University of Michigan was better than expected for the month of March.
Again up front in the Dow, Boeing’s papers gained another three and a half percent. After the re-registration of its unlucky 737 Max, the aircraft manufacturer brought in another order. The investment company “777 Partners” signed a contract for 24 medium-haul jets in the standard version 737-Max-8.
After the course of T-Mobile US had initially reacted negatively on Thursday to the presented medium-term goals of the Telekom subsidiary, the title made little progress on Friday with plus 0.3 percent. The plans of the group were well received by analysts. The growth path outlined by T-Mobile US is convincing, wrote UBS analyst John Hodulik.
According to the company, a vaccine candidate from the US manufacturer Novavax offers a high level of protection against the original corona virus and the highly contagious British variant. The effectiveness against “mild, moderate and severe illnesses caused by the original Covid-19 strain” is 96.4 percent, said Novavax. The shares gained around eight percent./ajx/fba
(AWP)
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