Home » today » News » New York stocks: investors take profits after new records | 01/04/21

New York stocks: investors take profits after new records | 01/04/21

NEW YORK (dpa-AFX) – The new year on Wall Street started like the old one ended: with records. On both the New York Stock Exchange (NYSE) and the Nasdaq technology exchange, the important indices reached record highs right at the start of trading on Monday – only the Nasdaq Composite (NASDAQ Composite Index) missed a new record high.

However, investors then shied away from further purchases and skimmed profits from the high level, so that the market slipped into the red. The US leading index Dow Jones Industrial (Dow Jones 30 Industrial) was quoted around three quarters of an hour after it went public, 0.63 percent lower at 30,413.13 points. For the market-wide S&P 500 it was 0.40 percent to 3741.13 points down and the selection index NASDAQ 100 lost 0.08 percent to 12,877.76 points.

The global corona vaccination campaigns that have begun and a new US government aid package for the world’s largest economy are still supporting share prices. Market experts also referred to sentiment data from Chinese and European industry, which signaled a further recovery and increasing growth. Current news from the US economy had no discernible impact on the quotations./gl/he

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