Home » News » New York equities: record run continues – only Dow Jones is down slightly | 06/28/21

New York equities: record run continues – only Dow Jones is down slightly | 06/28/21

NEW YORK (dpa-AFX) – With the exception of the Dow Jones Industrial (Dow Jones 30 Industrial), the most important US stock indices continued their record run on Monday. The fact that President Joe Biden withdrew from veto plans against the bipartisan agreement on the US $ 1.2 trillion economic stimulus plan at the weekend should help if another Democratic spending plan does not pass Congress should have a supportive effect.

In early trading, the Dow fell 0.41 percent to 34 293.96 points and the market-wide S&P 500 remained unchanged in percentage terms after its record at the stock market launch with 4280.61 points. But technology stocks remained in demand: the NASDAQ 100 recently gained 0.88 percent to 14,471.61 points and the broad Nasdaq Composite (NASDAQ Composite Index) also reached a new high.

There was little to be felt about worries about the worldwide increase in the number of corona infections due to the particularly contagious Delta variant. The US labor market report due this Friday also seems a long way off for investors for the time being. The data generally play an important role for the Monetary policy the central bank Fed./ck/jha/

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