NEW YORK (dpa-AFX) – The Dow Jones Index still shied away from the round hurdle of 30,000 points in the middle of the week. Most recently it rose by 0.23 percent to 29,487 points, but the Dow has so far not been able to break the 30,000 mark, which has moved within reach after the latest gains. The recently weak technology stocks showed themselves to be strong again. US bond trading is closed due to a public holiday, which experience has shown to result in lower stock market turnover.
Meanwhile, as in the past two days, the prospect of a vaccine against the lung disease Covid-19 ensures a generally good mood on the stock market. “News about vaccines and their use should drive the markets further in the coming months,” said chief investor Mark Haefele of the investment bank UBS. The expert saw investors well positioned for the next upward move.
The technology-heavy NASDAQ 100 rose by 2.21 percent to 11,881 points on Wednesday. He had given way in the past two trading days. The market-wide S&P 500 advanced 0.48 percent to 3563 points and, like the Dow, has its sights on Monday’s record high.
The Dow also received support from the newly strengthened technology stocks. Shares in the software companies Microsoft and Salesforce as well as Apple were in the top positions in the leading US index. They each won just under 3 percent. Intel and Cisco also grew. With the chip manufacturer QUALCOMM and the software provider Adobe, two big tech titles were also among the biggest winners in the Nasdaq-100.
Lyft shares (Lyft) went up by just under one percent. The travel agent increased sales in the third quarter by more than half and limited the loss more than expected on the market. Several analysts have now raised the price targets for Lyft./bek/he
–
TRADING FOREIGN EXCHANGE WITH UP TO LEVER 30 NOW
Trade forex with high leverage and small spreads. With only € 100.00 you can benefit from the effect of € 3,000 in capital.
–
76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford the high risk of losing your money.
–
– .
