Even after the recent price records on Wall Street on Easter Monday, investors refrained from major profit-taking on Tuesday. The Dow Jones Industrial
was quoted in the first half hour after the stock market launch only slightly weaker with minus 0.15 percent to 33,478.29 points. In the medium and long term, the trend arrow in the Dow clearly points upwards, wrote chart technology expert Franz-Georg Wenner from Index Radar. In the coming days, however, investors should be patient.
A surprisingly sharp increase in employment in the US in March had both the Dow and the broad-market S&P 500
driven to highs the day before. On the technology-heavy Nasdaq exchange, however, new records failed to materialize. On this Tuesday, the S&P 500 has so far been quoted with minus 0.05 percent hardly changed to 4076.04 points. The Nasdaq 100 was down 0.14 percent to 13,579.29 points.
“The growth impulses come from the Covid 19 crisis, because the proportion of those vaccinated is increasing,” wrote Goldman Sachs analyst Chris Hussey. He spoke of the most recent impressive economic signals in the USA. There are no signs of overheating or concerns about inflation./ajx/he
ISIN US2605661048 US6311011026
AXC0229 2021-04-06/16:02
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.
– .
