Der Dow Jones Industrial is expected again friendly on Friday. However, the record rally is unlikely to continue for the time being, only slight gains will probably not be enough for a new record. The broker IG valued the Dow an hour before the start 0.21 percent higher at 32 553 points. It would round off a so far strong week, so far the index has gained more than three percent.
It looks gloomy on Friday for the technology stocks concentrated on the Nasdaq stock exchange. Here the back and forth of the past few days continues with losses. The Nasdaq 100 selection index, which is shaped by these industry stocks was priced about 1.2 percent lower by broker IG. This would give him some of his 2.4 percent strong profits from the previous day.
A certain gap remains between the Dow, which is floating on a positive wave, and the Nasdaq, which has been consolidating since the February slide. “Rotation is currently the topic on the stock markets: out of technology, into cyclicals,” commented Markus Reinwand from Helaba. Overall, however, investors’ willingness to take risks remains present.
Tesla shares remain a highly fluctuating symbol for the tech index , which fell by 3.3 percent in the pre-trading session on Friday. Most recently, the price had temporarily returned above the $ 700 mark for the first time since the beginning of March.
On the corporate side, the review of the capital market day from T-Mobile US takes care of Friday for conversation piece. After the price had initially reacted negatively on Thursday, they were now fluctuating before the market. Most recently there was a minus of 0.2 percent ./tih/mis
ISIN US2605661048 US6311011026 US78378X1072
AXC0207 2021-03-12/15:01
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