A stabilization attempt followed on Tuesday after a very weak start to the week on the US stock exchanges. Despite the further increase in new corona infections and the approaching presidential elections, economic data provided support. The company also issued mostly positive quarterly reports.
In early trading, the Dow Jones Industrial fell by 0.12 percent to 27,652.17 points after the Wall Street Index had fallen below the 28,000 mark at the start of the week and at times to its lowest level since the end of September. The market-wide S&P 500 turned positive on Tuesday after initially slight losses and gained 0.12 percent to 3404.93 points. The technology-heavy selection index Nasdaq 100 rose by 0.43 percent to 11,554.38 points.
On the economic side, it was noticeable that house prices rose much more sharply than expected in August and that US companies continued to invest in larger purchases such as machines despite the tense corona situation. In September, for example, the fifth increase in a row was reported after orders for durable goods collapsed in the spring due to the corona ./ck/jha/
ISIN US2605661048 US6311011026 US78378X1072
AXC0269 2020-10-27/15:09
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/imgs/2020/11/04/16/4323838/065d1ed663819c906f627cd2008f9fa08c858e8b.jpg "Land Rover will revive the classic Defender under a different brand – Motor")