Business Second Corona-Wave?: Dow closing after a volatile history of...

Second Corona-Wave?: Dow closing after a volatile history of losses | message

-

The Dow Jones was revealed in the trading history with strong fluctuations in the market sentiment at the end but, nevertheless, failed and went with a discount of 0.65 percent in 26.119,13 points from the trade.

Mid-week the Rally in the US has lost records of its momentum. Market participants reported profit-taking, ausgelst of the jngsten increase in Corona cases. The youngest extension of the Anleihekufe the US Central Bank and, most recently, surprising good US economic data had supported the Sentiment is still there.

“The worst thing is, in my opinion, passed,” said Patrick Spencer of the U.S. investment firm Baird. “I think a V-frmige recovery is underway”, ergnzte of the participants.

However, there were also critical voices, which refer to the increase in the number of new infections in several US States and in Beijing. Thus, the risk of a second wave of Infection increases. “Certainly, the next phase of recovery will not be as straightforward and simple as the stage that we have just left behind us,” said Derek Halpenny, Head of Research for Global Markets in Europe, the MUFG Bank. “Now the stock market will be a little more unpredictable.”

Before the start of trading published U.S. housing starts back remained significantly behind the forecast. This increased in may by 4.3 percent, while economists had expected an increase of 22.3 percent. However, the previous month was revised slightly upwards. urthermore were issued in the last month, more building permits than expected, which speaks for a soon to upturn in Building activity.

Editorial finanzen.net / Dow Jones Newswires

Image Sources: Andre Viegas / Shutterstock.com Robert Crum / Shutterstock.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

Robert De Niro is almost on the brink of the Coronavirus

Jordan Strauss/Invision/APRobert De Niro is almost on the brink of the...

New comet Neowise approaches Earth and will not return in 7 thousand years | Technology

A comet discovered this 2020 is traveling relatively close to Earth, offering a night show after having passed near...

The most popular new car in the first half of the year in Latvia – “Toyota Rav4”; in the first ten five VAG...

In the first six months of this year, the most popular new car in Latvia was the Toyota Rav4,...

Must read

You might also likeRELATED
Recommended to you