After the latest profit streak with prices in record highs, investors in the New York stock market should take it a little more leisurely on Tuesday. This is how the broker IG assessed the leading index Dow Jones Industrial one hour before the starting bell with minus 0.30 percent to 31,293 points. The market-wide S&P 500 and the tech-heavy Nasdaq 100 are also expected to be somewhat weaker. All indices had risen as high as never before at the close of trading the day before.
Economic data are nil on Tuesday. The network specialist Cisco provides quarterly reports , the short message service Twitter as well as the transportation agent Lyft before, but all after the close of trading. However, the quarterly figures of DuPont de Nemours have already been published . The shares of the specialty chemicals group fluctuated in pre-market trading between plus and minus, recently the price fell slightly.
Constellation Brands rose pre-market with plus 2.1 percent towards a record high. Goldman Sachs put the title of beer and spirits manufacturer on the list of particularly convincing investment ideas.
However, a possible deal between the US diagnostics provider Quidel met with little enthusiasm and Qiagen
. The day before, Quidel had only reacted positively to the rumors in late US trade before they slipped significantly into the red. On Tuesday they were quoted unchanged before the trading day. Qiagen was only slightly up in Frankfurt recently, while the Qiagen shares listed in New York were down almost two and a half percent before the market. Commerzbank said that if the two companies were to merge, their dependency on sales related to Covid-19 would be quite high. With a view to 2022, this presents “challenges”. From this point of view, a merger would not be the order of the day./ajx/fba
ISIN US2605661048 US6311011026 US78378X1072
AXC0269 2021-02-09/14:43
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