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NEW YORK (dpa-AFX) – After the brilliant start of the week, the US exchanges ran out of air on Tuesday. The Dow Jones Industrial (Dow Jones 30 Industrial) only advanced by 0.35 percent to 29,260 points on Tuesday. The day before, the benchmark index had reached a record high in trading, nearing the 30,000 mark, driven by the prospect of an effective vaccine against the lung disease Covid-19 and the victory of Democrat Joe Biden in the US presidential election.
The market-wide S&P 500, however, fell in early Tuesday trading by 0.41 percent to 3536 points. This index had also reached a record high the day before. The technology-heavy NASDAQ 100 continued the losses from Monday and was 1.35 percent in the red at 11,673 points. Here, profit-taking on heavily weighted tech stocks like Amazon, Facebook and Microsoft./bek/he weighed on it
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