Home » News » Börse Express – New York Stocks Outlook: A friendly start to the week expected

Börse Express – New York Stocks Outlook: A friendly start to the week expected

video-tag-article">

NEW YORK (dpa-AFX) – The US stock markets should start the new week with slightly positive signs. The broker IG assessed the Dow Jones around three quarters of an hour before the start of trading with 0.05 percent up at 35,694 points. The tech-heavy Nasdaq 100 was last expected with a premium of 0.27 percent to 15,405 meters.

Despite media reports about the introduction of a US wealth tax, share prices are likely to continue to rise. The US Democrats are expected to come up with a tax plan on Monday to fund the expansion of social security and the fight against climate change. The volume of the plan is likely to be between $ 1.5 trillion and $ 2 trillion.

The new stock market week should also be shaped by the reporting season for companies. So are the quarterly results of, among other things, General Electric , UPS ,
Alphabet , Coca Cola , McDonald’s
, Amazon , Apple and Exxon Mobil expected.

Facebook’s key figures are already available this Monday after trading closes on the agenda at a time when the market and regulators are scrutinizing the social media giant. According to reports, founder and boss Mark Zuckerberg could give the group a new name.

Among the individual values ​​should be the papers from PayPal that have recently come under heavy pressure are in focus. In pre-market trading, they soared by more than 5 percent, making up for part of their almost 12 percent price drop over the past three trading days. To make things easier, the payment processor reports on takeover calls with Pinterest faced. One is currently not aiming to buy the photo platform, said PayPal. Pinterest shares plummeted by 15 percent before the market.

Tesla’s shares rose by 4.4 percent in the pre-market period and should therefore continue their record hunt. On Friday they had set the previous high and expanded the annual increase to almost 29 percent. The US car rental company Hertz has ordered 100,000 cars from Tesla. The Bloomberg news agency had previously reported on it, citing a volume of around 4.2 billion US dollars. For comparison: Tesla delivered almost 630,000 vehicles in the first nine months of the year./edh/jha/

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0189 2021-10-25/15:09

Copyright dpa-AFX Wirtschaftsnachrichten GmbH. All rights reserved. Redistribution, republication or permanent storage without the express prior consent of dpa-AFX is not permitted.

– .

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.