NEW YORK (dpa-AFX) – Technology stocks on the US stock market started the new week with fresh momentum on Monday. Record delivery figures from the electric car manufacturer Tesla and the entry of Tesla boss Elon Musk into the short message service Twitter provided topics of conversation.
However, the Dow Jones Industrial hardly made any progress in view of the ongoing war in Ukraine. Stockbrokers referred to reports from the weekend about alleged atrocities by Russian soldiers against Ukrainian civilians in Bucha and a threat of tightening of sanctions against Russia by Western countries. Meanwhile, Russian and Ukrainian negotiators plan to resume video talks on Monday. The news from Bucha dampened hopes of an early breakthrough in the negotiations.
The Dow recently fell 0.11 percent to 34,780.63 points. The broader S&P 500, however, was up 0.33 percent to 4560.73 points. The technology-heavy Nasdaq 100 rose 1.19 percent to 15,038.71 points./la/he
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