NEW YORK (dpa-AFX) – Strong Apple figures should prevent worse losses on the New York stock market on Friday. The broker IG appraised the leading index Dow Jones Industrial 0.25 percent weaker to 34,077 points three quarters of an hour before the start. The technology-heavy Nasdaq 100, which was again very weak the day before 
is expected to be moderately higher. The US Federal Reserve’s tighter monetary policy has the stock market firmly in its grip and continues to unsettle investors.
But Apple sent a strong signal with its quarterly balance sheet. Despite the global chip shortage, the iPhone manufacturer once again achieved record figures in the Christmas business. Almost more interesting than the figures presented are those that Apple was unable to generate. Because without the chip bottlenecks, the Californians could have sold even more. Apple estimates that sales were pushed down by more than six billion dollars. Premarket, Apple gained almost three percent.
After the profit slump in the first year of the pandemic, things went very well for the construction equipment manufacturer Caterpillar in 2021. The recovery in sales was significantly stronger than analysts had expected. The bottom line is that the Dow group more than doubled the previous year’s profit. The shares were still two percent lower before the market.
The shares of the oil company Chevron slipped after a disappointing profit development by more than three percent before the market.
The shares of the credit card company Visa reacted to the jump in profits and sales with a plus of more than four percent before the market.
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