The desire to buy on the New York stock market seems unbroken even before the weekend. Three quarters of an hour before the starting bell, the broker IG appraised the US leading index Dow Jones Industrial on Friday 0.34 percent higher to 31,148 points. The tech-heavy Nasdaq 100 could for the first time ever leave the round mark of 13,000 points behind.
After the recent political rulings in the United States in favor of the Democrats, investors were hoping for a calmer and more stable environment and were looking for an expansion of economic aid and continued support from the central banks, said analyst Neil Wilson of Markets.com.
The latest official labor market data for December was disappointing. In view of this, the US Federal Reserve should see its ultra-expansionary monetary policy confirmed, wrote the Helaba experts. The flood of money from the central banks is one of the main drivers of the stock market rally.
Semiconductor stocks contributed to the very good mood, especially in the technology sector. After an optimistic sales forecast, the titles of Micron Technology moved up
pre-trading by four percent. Strong business figures from the chip company STMicroelectronics and tech giant Samsung had also fueled the boom in the industry on the stock exchanges in Europe and Asia.
From Tesla investors don’t get enough on Friday either. After the price increase of almost eight percent the day before, the papers of the electric car maker are again 4.7 percent higher in the pre-market Friday trading. The topic of e-mobility is attracting investors. Speculation about a cooperation between Apple
and the South Korean automaker Hyundai
in the development of a self-driving electric car provided further imagination. Hyundai shot up in Seoul by a good 19 percent. After their previous day’s plus of around three and a half percent, Apple now rose by another 1.1 percent before the market.
The aircraft manufacturer Boeing the disaster around the crash plane 737 Max is expensive. The corporation is paying a fine of more than $ 2.5 billion to settle criminal proceedings. The Boeing shares rose before the market by 0.3 percent.
Positive vaccine reports were also supportive. This is how the Biontech vaccine works and Pfizer According to an initial analysis, also against two new variants of the corona virus, which were first detected in Great Britain and South Africa. This comes from a study by scientists from the University of Texas and the US pharmaceutical company Pfizer. The Biontech shares listed in New York jumped 5.8 percent, Pfizer gained only 0.4 percent.
Moderna’s vaccine has now also been approved in Great Britain, the price of Moderna papers rose by 1.6 percent./ajx/jha/
ISIN US2605661048 US6311011026 US78378X1072
AXC0217 2021-01-08/15:03
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