NEW YORK (dpa-AFX) – Strong quarterly figures from Nike and optimism from Micron made a significant contribution to the recovery on the New York stock market on Tuesday. After the weak start to the week, the leading index Dow Jones Industrial rose by 1.60 percent to 35,492.70 points and again jumped the 21-day line relevant for the short-term trend.
The market-wide S&P 500 gained 1.78 percent to 4649.23 points. The technology-heavy Nasdaq 100 ended trading even stronger with a plus of 2.29 percent to 15,986.28 points.
The news that President Joe Biden wants to speak to Senator Joe Manchin again about the trillion-dollar climate and social package – so far, the Democratic party colleague has blocked Biden’s plans – also proved helpful for the stock market. The omicron worries temporarily faded into the background./ajx/he
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