The falling yields on the US bond market also helped the New York stock exchanges on Monday. Support also came from the continuing decline in the number of new corona infections in the United States. Since US President Joe Biden took office almost two months ago, more than 100 million vaccine doses against the coronavirus have been administered. So the vaccinations went much faster than expected, because Biden had specified the first 100 days of his term of office and thus the end of April as the period for this amount.
The leading index Dow Jones Industrial shook off his moderate initial losses and shook his way up – most recently it was quoted 0.48 percent higher at 32,783.60 points, with which it stabilized somewhat after two days of losses. For the market-wide S&P 500 it went up 1.00 percent to 3952.12 points. The tech-heavy Nasdaq 100
even increased by 2.23 percent to 13,154.56 points.
At the beginning of the week, there was only price moving company news from the second row. That jetblue wants to issue a convertible bond, pushed the shares of the low-cost airline with almost eight percent in the red.
On the other hand, the shares of Kansas City Southern jumped
up twelve and a half percent while Canadian Pacific Railway yielded by more than four percent. The Canadian railroad company plans to take over Kansas City Southern for $ 25 billion in shares and cash. The aim is to create the first rail network from a single source that connects Canada, the USA and Mexico.
Bei T-Mobile US the shareholders could look forward to a price increase of 1.8 percent. The US mobile communications subsidiary of Deutsche Telekom is a member of the S&P 100 index from this Monday
.
With the recently ailing papers of the electric car manufacturer Tesla
there was a significant price recovery of around five and a half percent to over 691 US dollars. They benefited from statements by the well-known fund manager Cathie Wood, who believes the stock will rise to $ 3,000 by 2025./gl/he
ISIN US2605661048 US6311011026 US78378X1072
AXC0349 2021-03-22/19:47
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