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Investors are holding back after the latest records

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 over an hour before the opening 0.08 percent in the red at 34,405 points, the technology-heavy Nasdaq 100 on the other hand, 0.31 percent higher at 14,390 meters. The Dow and the record-high S&P 500 met on Friday better than the ailing tech barometer, which, however, had set a new 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 in the monetary policy of the Federal Reserve. 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 to buy more than 200 medium-haul jets from the manufacturers Airbus and Boeing. Boeing stocks lost 1.3 percent after paying tribute to the previous price increase on Friday.

The fact that Johnson & Johnson (J&J) agreed on 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 deal fits in with the corporation’s offer to settle all opioid lawsuits worldwide for $ 5 billion.

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