NEW YORK (dpa-AFX) – After the most recent record hunt, Wall Street is starting to have a quiet start to the week. The broker IG estimated the Dow Jones Industrial a good hour before the stock market launch 0.2 percent weaker to 34 120 points. In four weeks, the US leading index had recently run from record to record by almost 5 percent and reached its interim high of 34,256 points on Friday.
IG sees the technology selection index Nasdaq 100 again just below the mark of 14,000 points. After a correction phase since mid-February, it only followed at a record level in the previous week. In the last four weeks, however, it had shot up by a good 9 percent.
In the reporting season that has just started, Coca-Cola investors can look forward to pre-market price gains of a good one percent. The world’s largest beverage manufacturer continues to suffer from the corona pandemic, but recently posted rising revenues again. “We’re encouraged by the business progress, especially in markets where vaccine availability is increasing,” said Coca-Cola CEO James Quincey. Competitor Pepsi papers gave way.
Papers from the English football club Manchester United shot up significantly, at times over 11 percent. Twelve European top clubs, including the Red Devils, want to found a European super league as soon as possible, as it became known during the night. A super league with 20 clubs is planned, five of which are to join via a qualification mechanism. The founding associations should initially have 3.5 billion euros at their disposal. In Europe, investors were already chasing the shares of Juventus Turin.
Gamestop and Harley-Davidson also grew massively. At the video game dealer, known for its spectacular stock turbulence, the boss takes his hat off at the end of July. At the motorcycle manufacturer, business was running smoothly again recently. In addition, they want to take legal action against higher EU tariffs./ag/mis
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