New York Stocks: Stable – More than 12 percent plus in the first half of the year

NEW YORK (dpa-AFX) – The most important US stock indices stayed close to their latest record highs on Wednesday, despite different signs. The selection index Nasdaq 100, which is predominantly studded with technology stocks, even managed to set a new record. However, job data from the private sector – just like corporate sentiment in the Chicago region and real estate data for May – had little influence on investor sentiment.

The Dow Jones Industrial continues to lag a little behind the latest record rally and rose 0.49 percent to 34,459.80 points around two hours before the close of trading. The world’s best-known index reached its record high in May when it broke the 35,000 point mark for the first time and so far for the last time. With a view to the end of the first half of the year, however, it has increased by 12.6 percent so far.

The S&P 500 was last stable with plus 0.05 percent to 4294.10 points, after briefly jumping the mark of 4,300 points the day before. His half-year profit is currently a little more than 14 percent. The technology-heavy Nasdaq 100 fell on Wednesday after its record high by 0.10 percent to 14 557.62 points. It has risen by almost 13 percent in the year to date.

While job creation in the private sector slowed in June, according to data from the labor market service provider ADP, but did not take place as strongly as feared, the business climate in the Chicago region clouded over surprisingly in June. The US housing market, on the other hand, continued to develop robustly in May: House sales, which were not yet fully completed, rose sharply.

“Negative on the one hand, surprisingly positive on the other, but they do not seem representative of the broader economy,” wrote Pantheon Macroeconomics economist Ian Shepherdson of the latter two economic indicators. With a view to the labor market data, the official report on Friday is also being waited for.

Among the individual stocks in the market, the shares of Moderna remained in focus, which after their record high the previous day now temporarily jumped the hurdle of 245 US dollars for the first time. The home supply retailer Bed Bath & Beyond presented figures, which also had an increased sales outlook. The share then jumped a little more than 9 percent. Constellation Brands and General Mills each gained 2.1 percent. The alcohol manufacturer raised its annual profit target for 2021/22, the food manufacturer convinced with better than expected quarterly earnings per share.

The pharmaceutical specialist for the genetic engineering Crispr method Intellia Therapeutics wants to place 4.1 million common shares at 145 dollars each. The interest in the papers seems to continue to be great, because after the shares shot up by around 50 percent at the beginning of the week due to “groundbreaking clinical data”, they now gained almost 17 percent to $ 177.23. The shares of the armaments manufacturer Lockheed Martin and Raytheon Technologies each rose by a little more than one percent and benefited from major orders from Switzerland.

Walmart was the Dow favorite with a plus of 2.6 percent. The retail group entered into a strategic partnership with Ibotta, a mobile technology company. He wants to offer his customers a new digital program for savings offers on Walmart.com and the Walmart app.

An IPO also came into focus, because the Chinese driver service broker Didi was there. Placed at $ 14 per share, the paper recently rose to $ 15.34./ck/men

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