The broker IG estimated the Dow Jones around 45 minutes before the start of trading with 0.21 percent in the red at 30,007 points. The day before, the US benchmark index had once again marked a historic high, but then fell back slightly due to profit-taking. The technology stocks hit it even more clearly: They had seen the largest daily loss in a month – previously, the European chipmaker STMicro had postponed its medium-term goals and scared investors.
November had been an extremely successful month on the US stock exchange so far: Driven by good news about the corona vaccines and thanks to the continued very loose US monetary policy, the Dow Jones had more than 14 from the beginning of the month to its high in the middle of the week Percent increased. But recently the rally stalled somewhat, not only because of worries about the rapidly increasing number of corona cases, said stock exchange traders.
In the USA, the number of new infections had recently increased dramatically. The US labor market also remains tense, as the pre-market published increase in the weekly initial jobless claims shows.
In the individual stocks, investors are now eagerly awaiting the IPO of Airbnb after the extremely successful stock market debut of the food supplier Doordash the day before. The advance demand was high, which is why the apartment broker had recently increased the issue price to 68 US dollars per share.
There could be more news on the subject of corona vaccines: The decision of the FDA to approve the vaccination of Pfizer and Biontech in an emergency is awaited.
Numbers from SAP rivals Oracle and the software company Adobe are only expected after the trading hours.
(AWP)
–
