NEW YORK (dpa-AFX) – Investors on Wall Street are not open to buying at the beginning of the new week. The leading index Dow Jones Industrial (Dow Jones 30 Industrial) is likely to widen the losses from Friday a little on Monday. As in the previous week, stockbrokers are skeptical as to whether the economic recovery can ultimately justify the great advance praise of the stock exchanges of the past weeks and months.
Around one and a half hours before trading began, broker IG estimated the Dow 0.1 percent lower to 25,850 points. This brings the round 25,000 mark back into focus, above which the leading index had established itself last week.
“Stock markets and the real economy – these two universes were closely related in the past. Now, different realities seem to apply to both,” wrote analyst Mobeen Tahir of the wealth manager Wisdomtree. In the United States, for example, 20 million jobs were lost in April, of which only 2.8 million were regained in May. At the same time, the mood, especially on the technology-heavy Nasdaq stock exchange, reflects a great year for stocks so far. The market may have “outgrown itself”.
The papers of American Airlines came under pressure in the pre-market share trading on the Nasdaq. They lost almost nine percent. According to circles, the airline, which was hit by the Corona crisis, wants to raise $ 1.5 billion through the sale of stocks and convertible bonds.
In addition, analyst comments should move the courses. Kraft Heinz (Kraft Foods Group) papers fell by almost one percent in the pre-trading session, weighed down by a sell recommendation from Goldman Sachs. After a buy vote by the analysts Redburn for the shares of Fiat Chrysler (Fiat Chrysler (FCA)), these fell by 3.5 Percent forward. Papers of Biotech– Biogen companies fell 1.3 percent after Barclays Bank canceled their buy recommendation./bek/jha/
–
TRADE FOREIGN EXCHANGE WITH UP TO LEVER 30 NOW
Trade forex with high leverage and small spreads. With only € 100.00 you can benefit from the effect of € 3,000 in capital.
–
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford the high risk of losing your money.
–
– .
