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Stocks New York: Dow attacks 30,000 points – new records for S&P and Nasdaq

NEW YORK (dpa-AFX) – The Dow Jones Industrial dares a new attack on the 30,000 points on Thursday. However, the brand remained competitive, after a sprint to 30,076 points, the Wall Street price barometer was recently just below it with an increase of 0.37 percent to 29,993.94 points. The attempt to leave the round threshold behind in the long term had previously failed several times.

Other indices even set further highs during the day before they lost some of the momentum. The market-wide S&P 500 was last unchanged in percentage terms at 3669.14 points. The technology-heavy Nasdaq 100, on the other hand, was just above water with 12,479.71 points, adding 0.19 percent.

After a lame day before, investors dared to venture out onto the floor a little more courageously on Thursday. They are eagerly waiting to see when the vaccinations against the coronavirus will start in the USA and Europe. According to analyst Craig Erlam from broker Oanda, a year-end rally is not yet off the table, especially since some approval decisions are still pending.

Erlam also considers it important that Washington agree on a new stimulus package this year, even if it is likely to be smaller than the Democrats would like. However, the weekly labor market data did not exactly increase the pressure on Thursday, the first-time applications surprisingly fell significantly.

A major pillar of the Dow was Boeing, which rose 6.1 percent to its highest level since March. Shares from the aviation industry were generally in high demand on Thursday, American Airlines even rose by more than nine percent. At Boeing, there was also the fact that the low-cost airline Ryanair expressed a vote of confidence in the 737 Max crisis jet, which has just been re-approved for air traffic, with a larger order.

But the papers of the pharmacy and drugstore chain Walgreens Boots Alliance, which rose by 8.7 percent, became the front-runner in the Dow. The day before it was said that the company was preparing to administer corona vaccines across the US. The rally this triggered continued. They showed new momentum above the chart-relevant 200-day average line.

On the Nasdaq stock exchange, the Tesla shares attracted attention once again, which these days are facing a difficult hurdle with the 600 dollar mark. This time it was 4.7 percent high, but this was not quite enough for a new test of this brand. It was supported by the fact that Goldman Sachs recommended buying the shares with a price target of $ 780.

The shares of the stock market rookie Snowflake recorded an 11 percent jump, bringing them back up close to the previous $ 342 high from late November. Analysts praised the software developer’s increase in sales. A sales outlook initially met with disappointed voices was described by experts as conservative.

The feedback on the numbers of the retailer Kroger was less good, here the papers fell by five percent on Thursday. The supermarket chain said the outlook indicated that the sales growth achieved in times of the pandemic may not last. / Tih / he

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