Three quarters of an hour before trading began, broker IG estimated that the Dow Jones Industrial was 0.3 percent lower at 43,604 points. This represents a weekly loss of almost one percent for the main US index. IG sees the technology-heavy Nasdaq 100 down 0.9 percent on Friday at 20,709 points. This would result in a weekly reduction of almost two percent.
From a business perspective, vaccine stocks could continue to decrease significantly from the previous day. Shortly before the US stock market closed, the stocks had lost significantly in value after US President Donald Trump nominated the anti-vaccination activist Robert F. Kennedy Jr as the then US Secretary of Health to come Pfizer closed 2.6 percent lower. Shares of Biontech, Moderna and Novavax recorded gains of up to 7 percent.
Among the individual stocks, the shares of Applied Materials were in the focus of investors with a pre-market price discount of more than 9 percent. This was due to a disappointing outlook from the semiconductor industry supplier, whose sales target for the first quarter did not exceed analysts’ expectations. The authors of Bernecker’s stock exchange letter said the outlook was not very encouraging.
The shares of Domino’s Pizza rose 5.1 percent in the premarket after Warren Buffett announced that he entered the US fast food chain through his holding company Berkshire Hathaway. According to the information, the star investor received about 3.6 percent of the shares in the pizza seller worth about $550 million.
US biotech company Halozyme Therapeutics wants to buy German drug developer Evotec. The price offered is 11 euros per share in cash and values Evotec at two billion euros. Halozyme shares fell 7.3 percent premarket.
Palantir shares rose 2.5 percent in premarket trading. The IT service provider had announced that the stock listing on the NYSE will end at the end of trading on November 25 and trading on the Nasdaq will resume the following day./edh/jha/
ISIN US2605661048 US6311011026
AXC0176 2024-11-15/14:57
2024-11-15 13:57:00
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