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New York Stocks: Gains – Impetus In Short Supply

NEW YORK (dpa-AFX) – The US stock market started the new week with gains on Monday. The Dow Jones Industrial gained around an hour and a half after the start of trading by 0.60 percent to 34,411.53 points. The Nasdaq 100 as a selection index of the technology exchange of the same name, even gained 1.70 percent to 13,639.77 points.

The trading volume is likely to be below average, as some European markets such as Frankfurt will not open again until Tuesday after the Whitsun weekend. There are initially no impulses for one or the other direction. In Asia, the most important markets had hardly changed on Monday and closed with different omens. Market-moving news from the economic or corporate world are in short supply.

Airlines shares were unfazed by the forced landing of a Ryanair plane in the Belarusian capital Minsk on Sunday, which is causing a great stir in Europe. American Airlines and United Airlines each grew by around one percent.

According to the Wesna Human Rights Center, the blogger Protassewitsch, who was wanted by the local authorities and who was arrested in Minsk, was also on board the plane. Among other things, a landing ban for the Belarusian airline Belavia at all EU airports is being discussed, which may be answered with countermeasures. Some airlines have already announced that they want to avoid Belarusian airspace.

The papers of the lidar specialist Luminar almost completely lost their starting profit of almost ten percent and were only listed half a percent higher. At first, photos had caused a stir showing a Tesla Model Y in Orlando that had Luminar lidar sensors on the roof. This led to speculation about a collaboration between the two companies. However, since it was not clear what type this was, the joy of the Luminar shareholders quickly ebbed away again.

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