Home » News » Börse Express – ROUNDUP / Aktien New York Conclusion: Investors shake off Omikron worries for the time being

Börse Express – ROUNDUP / Aktien New York Conclusion: Investors shake off Omikron worries for the time being

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NEW YORK (dpa-AFX) – Investors accessed the US stock exchanges on Monday. The Coronavirus variant Omikron initially lost its horror. Mainly the standard stocks in the Dow Jones Industrial were bought , which increased by 1.87 percent to 35,227.03 points. The leading index has now caught up with a large part of the price slide since the variant became known. He has gained 3.6 percent since the fall in the meantime to 34,000 points.

The market-wide S&P 500 rose on Monday by 1.17 percent to 4591.67 points. He and the Dow again outperformed tech stocks. The Nasdaq 100 selection index coined by them made it after the sell-off on Friday at the beginning of the week with 0.85 percent. At 15,846.16 points, it recovered from its lowest level since the end of October.

Even if the data situation on Omikron is still considered thin, the market pointed to more hopeful news from South Africa. Evidence that infections with the virus variant could be less dramatic encouraged investors to buy again. This was especially true for papers from traditional branches of industry and those branches that are particularly susceptible to developments in the Corona crisis.

In the travel sector, for example, airline papers were on the rise, especially those of American Airlines
und United Airlines with course jumps in the size range of around eight percent. Even with cruise stocks, investors lively took hold of them again, as did price gains in a similar framework at Royal Caribbean as well as Carnival
showed.

The Dow also had some profiteers associated with the travel industry. Here the shares of the aircraft manufacturer Boeing recovered in the tow of the aviation industry by 3.7 percent. The two credit card providers American Express included in the leading index and Visa are considered by investors to be highly dependent on global travel. Their papers recovered a little more than three percent each.

Conversely, interest in vaccine stocks declined rapidly, as did setbacks of 18.7 and 13.5 percent at Biontech or Moderna showed. The two pioneers with their mRNA technology are currently testing the effectiveness of their vaccines against the variant. Should this develop only mild symptoms, the need for quick follow-up vaccinations could become less urgent, it said on the market.

The Tesla slipped on the Nasdaq -Share at times below the $ 1,000 mark, in the end they closed just above it with a minus of 0.6 percent. The competitor Rivian fared better : After the strong IPO, there was recently a major setback, from which the share has now recovered by 11.6 percent. On Monday, some experts expressed themselves positively in initial assessments. Bank of America analyst John Murphy praised the well-designed business strategy.

The shares of Nvidia were also under pressure on the Nasdaq
, which slumped 2.1 percent. In the case of the graphics card and processor specialist, it became known that the planned takeover of the chip developer ARM would meet with official resistance. The DZ-Bank analyst Ingo Wermann no longer expects the takeover.

Otherwise, there were still a few stocks in the small caps area that were worth a look for investors. The papers of the US-listed Chinese Internet company Alibaba increased 10.4 percent as a result of reported reorganizations that are reorganizing international e-commerce activities and replacing management positions.

The shares of GCP Applied Technologies shot up by 17 percent. The construction chemicals specialist is about to be taken over by the French building materials group Saint Gobain. At $ 31.64, the price approached the offer of $ 32.

The Euro stayed below the $ 1.30 mark. Most recently it cost $ 1.1283. The European Central Bank had meanwhile set the reference rate at 1.1287 (Friday: 1.1291) dollars. The dollar cost 0.8859 euros.

US Treasuries were not in demand due to the general rise in risk appetite among investors. The futures contract for ten-year Treasuries fell 0.58 percent to 131.42 points. The yield on ten-year government bonds was 1.44 percent./tih/jha/

— By Timo Hausdorf, dpa-AFX —

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0290 2021-12-06/22:36

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