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Equities New York Outlook: Friendly

NEW YORK (dpa-AFX) – The US stock market should start the new week on Monday in a friendly manner. The broker IG assessed the leading index Dow Jones Industrial around an hour before the start of trading, 0.34 percent higher to 34 332 points. The Nasdaq 100 As a selection index of the technology exchange of the same name, IG even sees 0.79 percent higher at 13,516 meters.

The trading volume is likely to be below average, as some European markets such as Frankfurt will not open again until Tuesday after the Whitsun weekend. There are initially no impulses for one or the other direction. In Asia, the most important markets had hardly changed on Monday and closed with different omens. Market-moving news from the economic or corporate world are in short supply.

There was also little movement in euro-dollar trading. On the other hand, oil prices and well-known crypto currencies such as Bitcoin recorded strong premiums. The latter, however, came under significant pressure on Sunday.

Airline stocks could respond to the excitement over the forced landing of a Ryanair plane in Belarus’ capital Minsk on Sunday. According to the Wesna Human Rights Center, the blogger Protassewitsch, who was arrested in Minsk and wanted by the authorities there, was also on board. Among other things, a landing ban for the Belarusian airline Belavia at all EU airports is being discussed, which may be answered with countermeasures. Some airlines have already announced that they want to avoid Belarusian airspace.

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