Given a sales warning from
Technology group Apple is Wall Street on
Tuesday came with losses from the long weekend. moreover
held concerns about the consequences of the spread of the corona virus
on. The epidemic of the new lung disease is going to recede
An expert’s assessment in China may not be until the end of April
stabilize.
The Dow Jones Industrial was two hours ahead
End at 29 210.13 points and thus with 0.74 percent in the minus,
after no trading on Monday due to “Presidents Day”
had taken place. The leading index thus continued to come from his
Record level above 29,500 points from the previous week. He controls
towards the third consecutive trading day with a negative sign.
The S&P 500 sank in the broader market by 0.44 percent
to 3365.28 counters. That fell on the technology-heavy Nasdaq exchange
Minus despite a price slide at Apple and also burdened by it
Chip values a little smaller. With course wins, for example
Tesla the Nasdaq selection index was the counterweight
100 only by 0.13 percent to 9611.46 counters.
Apple is because of the corona virus situation in China
the sales forecast for the current quarter, just a few weeks old
to miss. IPhones have supply bottlenecks because of production
in China the startup was slower than planned. In addition, the
Sales of Apple devices in the country have been subdued since
many stores were closed at times and poorly visited
were.
Apple shares were down 2.3 percent in the Dow
Rear. The whole thing was affected
Chip industry, for which Apple not only as an important customer, but also
also considered a general mood barometer. Broadcom shares
, Qualcomm or Intel
fell by between 1.7 and 2.3 percent. Among the industry suppliers
bagged Applied Materials or Lam Research even around
up to 4.3 percent.
Tesla, on the other hand, advanced 6 percent on the Nasdaq. With current
They are approaching $ 850 again the high level from the beginning
February when the stock rally peaked at $ 968. Little by little
analysts are now raising their price targets to higher spheres. Toni
Sacconaghi from Bernstein Research has his goal on Tuesday
$ 730 more than doubled. One matched with Morgan Stanley
as before, rather pessimistic analysis house the price target at least
$ 500.
On the positive side of the Dow, Walmart made it
according to their quarterly figures with 1.5 percent in the plus. The
US supermarket chain has disappointed in the Christmas business,
the outlook was on the market in the current uncertain times
but rated as “robust”. JPMorgan analyst Christopher Horvers
looked at the targeted sales growth in the US
Silver streaks on the horizon.
There was also talk of a takeover at
Asset managers. Franklin Resources , the
Parent company of fund provider Franklin Templeton wants the
Competitor Legg Mason swallow and offers 50
US dollars per share. The Franklin share certificates rose by 7 percent
and that of the takeover target even by 24 percent
ISIN US2605661048 US6311011026 US78378X1072
AXC0324 2020-02-18 / 20:03
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