NEW YORK (dpa-AFX) – Speculations on an even larger corona stimulus package are likely to continue to drive the record rally on the US stock exchanges. The broker IG valued the leading index Dow Jones Industrial (Dow Jones 30 Industrial) on Tuesday about an hour before the start of trading just under half a percent higher at 30,547 points. However, profits have already crumbled somewhat recently.
At the beginning of the week, investors around the world had already celebrated that the outgoing US President Donald Trump had given up his opposition to a corona stimulus package worth around 900 billion US dollars passed by Congress with a bipartisan majority. All major Wall Street stock indices hit record highs. In response, the US investment bank Goldman Sachs increased its growth forecast for the world’s largest economy in the first quarter of 2021 from three to five percent.
With the demand that most US citizens receive a one-off aid payment of $ 2,000 per adult instead of the $ 600 stipulated in the agreement, Trump has now put his own party friends in a bind. Because the democratically dominated House of Representatives voted for Trump’s proposal thanks to republican dissenters with the necessary two-thirds majority.
Now the ball rests with the majority Republican Senate, which recently rejected a corresponding demand by the Democrats. Meanwhile, some Republicans in the second chamber of parliament signaled their support. They fear that their party could otherwise lose the upcoming by-election for the two senatorial posts in the state of Georgia.
If the democratic challengers win, there would be a political stalemate in the Senate. In the event of a tie, the vote of US Vice President-elect Kamala Harris would tip the balance in favor of the Democrats, who would dominate Congress and make it easier for future US President Joe Biden to push through his political agenda.
On the company side, the shares of the aircraft manufacturer Boeing stood out on Tuesday with a pre-market plus of almost one and a half percent. American Airlines will be operating regular passenger flights again with the 737 Max crisis jet from Tuesday.
On the other hand, the shares of the manufacturers of corona vaccines, which did extremely well until December, suffered further losses: The papers of the German representatives BioNTech and Curevac listed in New York lost over three and seven and a half percent respectively, and the shares of the US manufacturer Moderna lost a good one and a half percent
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