NEW YORK (dpa-AFX) – The chase on the US stock markets in the hope of an economic revival continued in the middle of the week. The leading index, Dow Jones Industrial (Dow Jones 30 Industrial), rose 0.84 percent on Wednesday in early trading to 25 205 points and rose slightly from the 25,000 mark. However, the technology-heavy Nasdaq stock market, which has seen above-average growth in recent weeks, has shown signs of fatigue.
Some activities, such as brick-and-mortar shopping, going out to eat, or commuting to and from work, increasingly indicated “back to normal,” said chief strategist Chris Hussey of Goldman Sachs investment bank. He saw this as an “encouraging sign that people.” resume pre-Corona crisis activities “.
The S&P 500 rose by 0.20 percent to 2998 points, which is how the market-wide stock market barometer wrestles with the 3000 point mark as it did the day before. The NASDAQ 100, which had already yielded slightly the previous day, lost another 1.13 percent to 9284 points. In the recovery rally that started in mid-March, he had completely made up for the severe losses of the Corona crash.
According to traders, investors have so far accepted the new tensions between the United States and China. The situation in Hong Kong and a law planned by China, which is intended to enable the use of its own security organs in the special administrative zone, are held responsible for this. White House spokeswoman Kayleigh McEnany said at a press conference on Tuesday, U.S. President Donald Trump be “upset” about China’s actions.
The joy of the easing in the virus crisis continues to be very noticeable in the badly battered travel sector, as there are increasing signs that tourism in some countries around the world will soon start again. The shares of the cruise providers Carnival and Royal Caribbean (Royal Caribbean Cruises) were up to five percent high, those of airlines such as American (American Airlines), United (United Airlines) or Delta Airlines (Delta Air Lines) between three and six percent.
Twitter shares (Twitter), on the other hand, lost almost three percent. US President Donald Trump has once again expressed his anger at the alleged left-leaning nature of social media and has threatened unnamed platforms with new regulation or even closure. He has recently appeared upset that Twitter was first fact-checking one of his tweets and calling some of the statements wrong.
Meanwhile, General Electric was a winner with a 5.5 percent increase. The conglomerate sells its lighting business to the smart home specialist Savant Systems. Details of the deal were not given
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