NEW YORK (dpa-AFX) – Der Dow Jones Industrial increased the previous week’s profits a little on Monday. The US benchmark index advanced 0.45 percent to 34,901.35 points. The S&P 500 
increased by 0.43 percent to 4410.36 points. For the tech-heavy Nasdaq 100 it went up 0.32 percent to 14,868.26 points.
Concern that the ongoing oil price rally could lead to energy bottlenecks and stifle the global economic recovery from the corona pandemic continues to smolder in the background. At the beginning of the week, however, according to stock market operators, the hope prevailed that the current inflationary pressure would be of a temporary nature and therefore should not endanger the economic upturn in the long term.
Overall, the movements on Wall Street were limited on Monday. The reason is the holiday “Columbus Day”. Therefore, there is no trading on the bond market at the beginning of the week.
With a view to the individual values, companies from the energy and oil sectors were particularly in demand due to the current raw materials bull market. Among the best titles in the S&P 500, Schlumberger, Halliburton, Freeport-McMoran and Enphase Energy rose by around four to a good six percent.
In contrast, the shares of Southwest Airlines lost around two percent. The airline had to cancel 1,800 flights over the weekend due to bad weather and staff shortages – this corresponded to at least 30 percent of all scheduled flights of the airline.
Hasbro’s papers were down more than a percent. The toy manufacturer’s share certificates apparently suffered from the fact that company boss Brian Goldner is now taking a break for health reasons.
– .
