Börse Express – ROUNDUP / Aktien New York Conclusion: Economic data heat up the rally

NEW YORK (dpa-AFX) – The Dow Jones Industrial has good economic news also driven on Friday. The other major stock indices also closed in positive territory. Positive impulses also came from the positive business figures of the investment bank Goldman Sachs .

The US benchmark index rose 1.09 percent to 35,294.76 points after it had already risen significantly on Thursday. This moved a little closer to the record high reached in mid-August at a good 35,631 points. On a weekly basis, there is an increase of 1.58 percent.

The S&P 500 gained 0.75 percent to 4471.37 points on Friday. For the tech-heavy Nasdaq 100
it went up by 0.63 percent to 15 146.92 points.

US retail sales data were unexpectedly strong on Friday, fueling risk appetite among Wall Street investors. In September the retail sector surprised with an increase in sales. It was already known on Thursday that the number of weekly initial jobless claims fell below 300,000 for the first time in the Corona crisis. This solidified hopes of a recovery in economic growth.

Goldman Sachs is heading for a record year thanks to brilliant mergers and IPOs. In addition, the bank surprised positively with its net income and earnings per share in the third quarter. The shares of the financial institution gained 3.8 percent at the top of the Dow.

In this positive environment, investors also took hold of other bank stocks. Morgan Stanley’s shares went up
, Citigroup , Bank of America
and Wells Fargo by a good one to almost seven percent.

Virgin Galactic’s shareholders meanwhile had to accept another setback. The start of tourist flights to the space border planned by the space company for the third quarter of next year will now be postponed to the final quarter of 2022. The reason for this is a delay in the planned improvement of the spaceplane. The papers buckled by almost 17 percent.

In September, the US aviation authority FAA temporarily banned Virgin Galactic from undertaking further flights. The background was that billionaire Richard Branson’s spacecraft flew into space outside of the assigned airspace corridor during its flight into space on July 11th.

The shares of Curevac lost more than twelve percent. The biotech holding Dievini from SAP co-founder
Dietmar Hopp wants to reduce her substantial stake in the Tübingen biotech company. On Tuesday, Curevac withdrew its first vaccine against the coronavirus from the European approval process. The effectiveness of the agent had proven to be comparatively weak.

The Euro last traded at $ 1.1603. The European Central Bank had previously set the reference rate at 1.1602 (Thursday: also 1.1602) dollars. The dollar cost 0.8619 (0.8619) euros. On the US bond market, the futures contract for ten-year Treasuries (T-Note-Future) suffered from the positive stock market sentiment and fell 0.39 percent to 130.98 points. Ten-year papers yielded 1.57 percent./la/he

— By Lutz Alexander, dpa-AFX —

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0292 2021-10-15/22:38

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