indices in this article
NEW YORK (dpa-AFX) – Investors on the US stock exchanges are likely to hold back a little with equity exposures on Thursday. Around three quarters of an hour before the start of trading, the broker IG estimated the Dow Jones Industrial (Dow Jones 30 Industrial), which has recently been slacking again, with minus 0.12 percent to 28 178 points. The technology-heavy Nasdaq stock exchange is expected to be moderately positive.
The upcoming US presidential elections and new corona infections remain in focus. In addition, there are a number of annual reports for the past quarter, which were generally positive.
After the submission of quarterly figures, the stocks of Coca-Cola should be among the individual stocks in the Dow, which rose by 2.5 percent. The situation relaxed somewhat in the third quarter of the year after the Corona slump and the beverage manufacturer exceeded the average analyst forecast in terms of both sales and profits.
On the Nasdaq, it is Tesla shares that should catch the eye of market observers. Primarily it went up for the papers of the electric car manufacturer by 4.3 percent, because for the fifth time in a row they reported a quarterly profit. The ambitious annual target of delivering half a million vehicles was also confirmed.
The AT&T papers (AT&T) gained 3.5 percent before trading began. The telecommunications and media group was still heavily burdened by the pandemic in the third quarter, but not as severely as feared.
American Airlines (American Airlines), however, continued to suffer severely due to Corona and also posted deep red numbers in the past quarter. Tens of thousands of employees are in danger of losing their jobs – also because a US government aid program for the industry expired at the end of September. Primarily, the airline’s papers sagged by 1.6 percent./ck/jha/
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