Börse Express – New York Equities Outlook: A little weaker expected at the start of the week

After the previous week, which was marked by strong fluctuations, with an ultimately conciliatory end, the New York stock market is expected to be slightly lower again on Monday. Investors considered the risks to the economy, such as inflation and a renewed rise in Covid-19 cases in some parts of the world.

The leading index Dow Jones Industrial the broker IG estimated three quarters of an hour before the start with minus 0.35 percent to 34 263 points. A week ago, the Wall Street Index climbed above the 35,000 mark for the first time before the prices went on a roller coaster ride.

The recent strong recovery on the Nasdaq technology exchange is likely to be a thing of the past as well, as the IG suggests for the Nasdaq 100 on Monday a minus of half a percent.

In New York’s industrial companies, the mood did not deteriorate quite as sharply in May as analysts expected on average.

A new heavyweight is emerging in the US media industry with the Hollywood studio Warner Bros and TV channels such as HBO, CNN and Eurosport. The telecommunications giant AT&T for this it splits off its division WarnerMedia and puts it together with the TV group Discovery together. AT&T gained two percent before the IPO, Discovery soared by nine percent./ajx/jha/

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0230 2021-05-17 / 15:00

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