NEW YORK (awp international) – The month of August started with gains on the New York stock market. In the Dow Jones Industrial, this was enough for another record high in early trading on Monday. More than 100 points below that, the leading index recently recorded an increase of 0.41 percent to 35,078.40 points.
Papers from banks such as Goldman Sachs and JPMorgan were among the favorites, with a gain of up to two percent in some cases, as were the shares of construction machinery manufacturer Caterpillar.
The technology-heavy selection index Nasdaq 100 gained 0.45 percent to 15 027.88 points. The market-wide S&P 500 gained 0.43 percent to 4414.07 points.
The mood in the US industry had surprisingly clouded over in July. This did not affect the courses. Market observers referred to the US Senate’s deliberations on a new trillion dollar infrastructure program, which are apparently nearing completion, as a driver.
The shares of Biontech listed in New York rose by almost five percent and cost almost $ 354 at the top, continuing their record rally. They benefited from the prospect of booster vaccinations against the corona virus that will soon begin, the increased use also in children and adolescents and the prospect that mRNA technology could also become marketable for other areas of application. Against this background, the private bank Berenberg rushed ahead on Monday and raised its price target significantly to $ 400.
The titles from Square went up by more than nine percent. With the takeover of the Australian payment service provider Afterpay, the US payment service wants to expand its business with installment payments. The deal, valued at a good 29 billion US dollars, should be completed in the first quarter of next year, both companies announced.
Amazon were virtually on the spot. Thus, the recovery failed to materialize after its high loss on Friday, when the online retailer had issued a surprisingly cautious forecast for the current quarter./ajx/he
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