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Börse Express – ROUNDUP / New York stocks Conclusion: weak after the rally

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The US stock exchanges have one on Tuesday
recently rapid recovery rally a small part of their profits
returned again. The investors acted in the face of the
United States spreading novel corona virus
more careful. It happened especially in the last hour of trading
increasingly to share sales. The prospect of possibly a fourth
Aid package, this time for the infrastructure, provided limited support;
just as weak, but still better than expected
Business and consumer sentiment data.

The Dow Jones Industrial finally ended with minus
1.84 percent to 21,917.16 points just above his shortly before
reached daily low. Since his violent downturn caused by viruses
in February, with which the long-standing record hunt ended abruptly and the
US leading index last Wednesday in a low to around 18,200 points
sank, he had already had more than 20 percent since then
recaptured. In mid-February, however, the Dow had more
stood as 29,500 points. He ended the first quarter with
a historically significant loss of around 23 percent. That’s the
most violent slump in a quarter since 1987.

The broad S&P 500 lost 1.60 on Tuesday
Percent to 2584.59 points. The technology-heavy Nasdaq 100
fell 0.96 percent to 7,813.50 points.

Measured by the number of confirmed infections, the United States
now the worst affected by the pandemic worldwide.
More than twice as many infections have already been detected
than in China, where Covid-19 lung disease started.

Faced with the Corona crisis and low interest rates
US President Donald Trump for a day
Infrastructure program worth $ 2 trillion. since
At the beginning of March, the US Congress already had three packages of measures in place
Volume of over two trillion dollars decided to cover the
cushion the economic impact of the pandemic.

These were already evident in current mood data: in the
important economic region of Chicago clouded the
Corporate sentiment in March. Despite the beginning of the corona crisis
however noticeably less than expected. While economists with
had expected a drop in mood to 40 points, the
Purchasing managers’ index only increased by 1.2 points compared to February
47.8 points after. Also from the Conference Board research group
published consumer confidence deteriorated in March, and
that is quite strong. But it was also more positive than
expects from.

In view of the proposal, the individual values ​​advocated
an infrastructure program the shares of the construction machinery manufacturer
Caterpillar tops the Dow with around 4 percent.

The slight recovery in oil prices also supported stocks like that of
Chevron and ExxonMobil in the Dow or from
ConocoPhillips and Occasional Petroleum
in the S&P 100, which is between 0.7 and 5.2 percent
increased.

After the recent significant price losses, it also went for
the cruise liners Royal Caribbean Cruises and
Carnival back up: around 8 percent for
Royal Caribbean and around 3 percent for Carnival. The latter wants
prepare for the crisis with the help of fresh money. In the
The Caribbean are still two ocean liners from the subsidiary Holland
America Line with infected passengers looking for one
Port that lets the ships moor. That is currently proving
however difficult.

In the Nasdaq selection index 100 was Dollar Tree’s share certificate
Tail light with minus 8 percent. The operator of
Cheap general stores pulled due to the uncertainties
Outlook for the first quarter and the 2020 financial year.

Trend-setting ten-year olds won on the US bond market
Government bonds 14/23 points to 107 24/32 points and returned with
0.681 percent. The euro conquered the foreign exchange market in the
US trade returned the $ 1.10 mark and cost at
Wall Street closes at $ 1.1022. The European
Central bank set the reference rate to 1.0956 (Monday: 1.1034)
Dollar tight. The US dollar thus cost 0.9127 (0.9063) euros./ck/he

— By Claudia Müller, dpa-AFX —

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0538 2020-03-31 / 22:40

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