Börse Express – Aktien New York Conclusion: S&P 500 continues strong record run

NEW YORK (dpa-AFX) – The much-noticed S&P 500 has further wins on Thursday again pushed to a record high. The market-wide US index closed 0.52 percent higher to 4319.94 points and thus expanded its exceptionally strong half-year profit. The mood of investors is optimistic in view of the generally positive economic data, against the background of the extensive program to stimulate the economy and generally strong corporate results, it said on the market.

Der Dow Jones Industrial rose by 0.38 percent to 34,633.53 points and is increasingly approaching the hurdle of 35,000 points that the world’s best-known index had overcome for the first and so far last time in May. The technology-heavy Nasdaq indices ended the day almost unchanged. The Nasdaq 100 selection index increased by 0.04 percent to 14,560.05 points.

“The US benchmark index remains on the north course and still has some room for improvement before it is technically overheated again,” said Andreas Büchler of Index-Radar on the development since mid-June. Although he remains cautious as to whether the Dow will manage to reach a new peak again soon, he is rather optimistic.

The economic data are still a support for the stock exchanges, even if they were somewhat mixed on that day. However, it should have been positive that the weekly initial applications for work aid fell significantly and that the mood in US industry in June was “very good”, despite the noted year-on-year decline, according to Helaba, pointing to “sustained strong growth”. At the same time, however, construction spending surprisingly fell in May, contrary to expectations. The official June labor market report on Friday, which plays an important role in the monetary policy of the US Federal Reserve (Fed), is now awaiting with excitement./ck/men

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0349 2021-07-01/22:24

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