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Stocks New York Conclusion: Relaxation in the bond market boosts prices

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NEW YORK (dpa-AFX) – The falling yields on the US bond market and positive Corona news gave the New York stock exchanges a boost on Monday. The leading index Dow Jones Industrial quickly shook off its moderate initial losses and worked its way up. In the end, it claimed a plus of 0.32 percent to 32,731.20 points, with which it stabilized somewhat after two days of losses. Before that, the stock market barometer had broken the 33,000 point mark for the first time in its long history.

For the market-wide S&P 500, it ultimately rose 0.70 percent to 3940.59 points at the beginning of the week. The Nasdaq 100 even rose by 1.71 percent to 13,086.51 points and thus somewhat shortened its gap to the other two indices. While these have gained almost seven and five percent respectively since the beginning of the year, it is just around one and a half percent for the technology-heavy selection index./gl/he

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