NEW YORK (dpa-AFX) – There were mainly price losses on Thursday on the US stock market. After the brilliant start of the week, the strong upward movement that began at the beginning of the month is losing momentum. The leading index Dow Jones Industrial lost 0.60 percent to 29 219 points in early trading and the market-wide S&P 500 fell 0.46 percent to 3556 points. As on the previous day, the technology-heavy Nasdaq 100 showed more strength, increasing by 0.33 percent to 11,932 points.
The focus remains on the aftermath of last week’s US elections. Despite opposition from incumbent Donald Trump, US President-elect Joe Biden is pushing the composition of his government team. Certified final results of the election from all states should not be available until December 8, just under a week before the electorate cast their votes for the next president. The result of the vote will only be announced in Congress on January 6th – only then will there be absolute legal certainty./bek/he
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