After the previous day’s losses, the US stock markets should open moderately on Tuesday. Three quarters of an hour before the start of trading, the broker IG assessed the US leading index Dow Jones Industrial 0.15 percent higher at 31,055 points.
Investors are currently optimistic that US President-elect Joe Biden will present an economic stimulus plan worth billions on Thursday and that the US Federal Reserve is still a long way from tightening its monetary policy, said market analyst Edward Moya from broker Oanda.
In terms of individual stocks, the shares of Zoom
be worth a look. The video conferencing service plans to replenish its coffers with a stock placement worth at least $ 1.5 billion. The timing is not particularly good for Zoom, however: The share price is currently around 40 percent below its high in mid-October. In pre-market US trading, the papers were down around 2.6 percent.
By contrast, Uber’s shares rose
pre-IPO up 1.1 percent, although the Vision Fund of the Softbank Group announced it had sold around $ 2 billion worth of Uber stock. According to a filing with the US Securities & Exchange Commission, SoftBank still holds about 184 million papers from the driver service agent, which are worth around 10 billion dollars at the current rate.
Wells Fargo’s titles gained around 2.4 percent to $ 34 before the market. The analysts at the major Swiss bank UBS had previously upgraded the US bank’s shares from “neutral” to “buy” and raised the price target from $ 23 to $ 41. / edh / fba
ISIN US2605661048 US6311011026 US78378X1072
AXC0289 2021-01-12 / 15:03
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.
– .