NEW YORK (dpa-AFX) – The Dow Jones Industrial is heading towards 37,000 points
A rotation of investors in growth and value stocks is currently being observed on the stock markets, probably also in anticipation of rising interest rates soon. Accordingly, the Dow Jones Industrial got off to a good start to the year, the most famous US benchmark index gained 1.3 percent within two trading days, while the high-growth tech stocks measured on the Nasdaq 100 are on balance in the red.
Finally, there is hope that infections with the Coronavirus variant Omikron will be mild and that economic growth will not be stifled. Strong figures from the job service provider ADP underpinned this view in the middle of the week: In December, 807,000 jobs were created in the private sector, almost twice as many as expected by experts. At the end of the week, the official labor market report is expected from the USA.
“Everything stands and falls with the development of Covid-19,” said the private bank Metzler on Wednesday. “If the virus becomes endemic in a positive sense, economic hopes will rise accompanied by a continuation of the bull market on the stock market,” said the experts. In view of the very high number of new US infections, investors should not look too carelessly at Wall Street.
With a view to individual values, the focus was primarily on analyst comments. The Pfizer
on. The papers of the pharmaceutical company fell by 1.4 percent in the pre-market period.
Meanwhile, in the technology sector, Salesforce is down
It goes even further downhill with the Tesla that slipped the day before
Otherwise, General Motors was below the standard values
With the papers of the telecom giant AT&T
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