After the extended Easter weekend, the New York stock exchanges are likely to start trading higher on Monday. The broker IG assessed the Dow Jones Industrial just under an hour before the stock market launch, up 0.24 percent to 33 396 points. Since the most important European stock exchanges do not reopen until Tuesday, trading volumes are expected to be below average.
The US labor market report published on Friday is likely to be responsible for the good mood. In March, 916,000 new jobs had been created outside of agriculture. Experts had expected 660,000 considerably less. Hourly wages fell surprisingly in a month-on-month comparison.
There was no market-moving company news. Shares of broker Charles Schwab gained more than two percent in the pre-trading session. The experts from Goldman Sachs had praised the title.
US economic data are only expected after the stock market launch. Economists expect the mood among service providers to have improved significantly in February. Incoming orders from industry should have decreased in the same month./he/fba
ISIN US2605661048 US6311011026
AXC0057 2021-04-05/15:04
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