The US stock market did again on Thursday
spread a friendly mood. The Dow Jones Industrial
, the market-wide S&P 500 and the
technology-heavy Nasdaq 100 climbed historical
Highs. The leading Dow index recently rose by 0.36 percent to 29
396.79 points. The S&P 500 moved 0.34 percent to 3346.10 points
before and the Nasdaq 100 by 0.75 percent to 9437.89
Points.
Concerns about the epidemic already existed in European stock trading
of the corona virus subsided. The investment bank experts
JPMorgan noted that the increase in the number of new virus
Infected in the Chinese province of Hubei in the past
Days had been stable. The increase in deaths has decreased
recently weakened somewhat.
The experts estimate that the epidemic will peak in mid-March
should reach an estimated 85,000 at this time
Infected. In the unfavorable scenario, it can reach the maximum
the spread also take two months – then
probably around 128,000 infected.
With regard to the individual titles, there were sometimes large swings.
Twitter stocks shot up almost 18 percent on the
highest level since October 2019. After a weak third
The business of the social media platform in the quarter
Revival in the final quarter of 2019, said analyst Neil Wilson of
Markets.com.
In contrast, papers from the food giant Kellogg lost 8 percent.
The cornflakes specialist expects one in the current year
Decline in profit. Papers from the cosmetics chain Estee Lauder pulled
by 4 percent. According to analyst Andrea Teixeira from JPMorgan
In the months of October to December 2019, the profit exceeded hers
Expectation clear.
Boeing shares continued Wednesday’s recovery
continued. They led the Dow Jones with a 4 percent premium
on.
The course of the chip producer Qualcomm lost 1.2
Percent. Bernstein analyst Stacy Rasgon criticized the forecasts
of the company for the months of April to June as among the
Lying consensus forecasts. Qualcomm expressed himself
wary of developments in the second quarter considering the
Uncertainty about the corona virus.
Shares in the pharmaceutical company Bristol-Myers Squibb became more expensive
2.2 percent. Earnings exceeded expectations in the fourth quarter
of the market. At the tobacco company Philip Morris walked
according to broker Jefferies, doing business with the tobacco heater iQOS
very good. The shares gained 3.1 percent./bek/fba
ISIN US2605661048 US6311011026 US78378X1072
AXC0355 2020-02-06 / 20:24
Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.
– ,
