NEW YORK (dpa-AFX) – The US stock exchanges expanded their strong profits from the previous day on Wednesday. After a sluggish start, the leading index Dow Jones Industrial (Dow Jones 30 Industrial) recently rose by 0.59 percent to 35,702 points. Shortly before the Christmas weekend, however, many market participants are likely to have closed their books.
The market-wide S&P 500 gained 0.66 percent to 4680 points. For the technology-heavy NASDAQ 100, which the day before had presented itself even stronger than the also fixed standard values, it was another 0.55 percent up to 16 074 counters.
The shares of Tesla temporarily jumped back above the $ 1,000 mark, most recently they cost $ 993 with plus 5.8 percent. CEO Elon Musk once again sold his own shares in the electric car manufacturer, according to a mandatory notification to the US Securities and Exchange Commission. At the beginning of November, Musk had voted on Twitter whether he should part with a tenth of his Tesla stake in order to pay more taxes. The majority of Twitter users were in favor. In order to fully meet the commitment, around 3.5 million shares are missing, from which the Tesla boss has yet to part.
However, Musk told the satirical website Babylon Bee on Wednesday that he had now achieved the goal of selling more than ten percent of his Tesla shares. This could be a reason for the current strong price increase. The selling pressure is likely to subside in the future and investors could focus more on fundamentals again, said an analyst.
Pfizer’s shares reacted to the approval of the corona drug Paxlovid with a plus of one and a half percent. The US Medicines Agency gave the go-ahead. At its peak, the papers have so far reached $ 60.59, moving back to their record high of $ 61.71 on Monday.
At the top of the Dow, Caterpillar benefited with a plus of 2.1 percent from a positive analyst comment. Bernstein Research had upgraded the construction machinery manufacturer’s paper to “Outperform” and raised the price target from $ 200 to $ 240. At the back of the Dow were the titles of the sporting goods manufacturer Nike with minus 1.2 percent, which paid a little tribute to their high growth of more than six percent the previous day./ajx/he
–
TRADE 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.
–
72% 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.
–
– .
