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New York Equities Outlook: A stable start expected

NEW YORK (dpa-AFX) – On Wall Street, slight profits are to be expected at the start of trading on Thursday. The broker IG assessed the Dow Jones Industrial a good hour before the opening, 0.2 percent higher to 34,585 points. The US benchmark index has struggled since the record high in mid-May at 35,091 points. In June he stepped on the spot after a temporary slide to 33,271 points.

The market-wide S&P 500 had a better month , which had climbed to a new high of 4302 points the day before and rose by over 2 percent in June. The Nasdaq 100 Technology Selection Index shot up over 6 percent in June after taking a one-month break in mid-April.

The IPO of Chinese Uber rival Didi attracted a lot of attention in the middle of the week. The shares issued at a price of $ 14 had at times shot up to $ 18 before the subscription profits ultimately melted almost completely again. Before the trading day, investors took hold of it again and the shares gained over 9 percent to $ 15.44. Uber shares could hardly be drawn along with it.

In terms of business figures, Walgreens Boots Alliance was on the up. The US drugstore and pharmacy chain surprised positively with its profitability and set itself a higher profit target for the year as a whole.

Investors also took hold of Jazz Pharma. The US approval for the cancer drug Rylaze gave a boost, which is now to be available in mid-July for patients with acute lymphoblastic leukemia who have not tolerated a differently obtained chemical therapy.

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