Equities New York Outlook: Investors are holding back after recent records | message

NEW YORK (dpa-AFX) – The US stock exchanges are likely to have a mixed start to trading on Tuesday. The broker IG assessed the leading index Dow Jones Industrial (Dow Jones 30 Industrial) over an hour before the opening 0.08 percent in the red at 34 405 points, the technology-heavy NASDAQ 100, however, 0.31 percent higher at 14 390 points. On Friday, the Dow and the record-high S&P 500 had done better than the ailing tech barometer, which, however, had reached a record a day earlier.

Similar to the European and Asian markets, concerns about rising corona infection numbers weighed on the mood, as the particularly contagious Delta variant is on the rise worldwide. In addition, the monthly US labor market report expected on Friday is already casting its shadow – it plays an important role for the Monetary policy the Fed. As a support for the course, however, it could prove that President Joe Biden moved away from veto plans over the weekend against a bipartisan agreement on a US $ 1.2 trillion economic stimulus package if another Democratic spending plan does not also pass Congress.

United Airlines shares lost just under 0.4 percent on Monday, after the Bloomberg news agency, citing people familiar with the matter, reported that the airline wanted more than 200 from the manufacturers Airbus (Airbus SE (ex EADS)) and Boeing Buy medium-haul jets. Boeing stocks lost 1.3 percent after paying tribute to the previous price increase on Friday.

The fact that Johnson & Johnson (JohnsonJohnson) (JohnsonJohnson) (J&J) reached a settlement with the US state of New York during the opioid crisis left the stocks largely cold, as the narrow pre-market plus showed. The pharmaceutical company says it is paying $ 263 million to settle the dispute over its role in the distribution of addictive pain relievers, at least within New York. New York attorney general Letitia James and two Long Island counties filed the lawsuits against J&J. The corporation commented that the agreement fits in with the corporation’s offer to settle all opioid lawsuits worldwide for $ 5 billion ./gl/mis

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