NEW YORK (dpa-AFX) – After the brilliant start of the week, the US leading index Dow went a step further on Tuesday. He advanced by 0.90 percent to 29,420.92 points. The day before, the leading index had already reached a record high in early trading and was close to the 30,000 point mark. He was driven by the prospect of an effective vaccine against the lung disease Covid-19 and the victory of Democrat Joe Biden in the US presidential election.
Profit-taking from tech giants such as Amazon, Facebook, Microsoft and AMD (AMD (Advanced Micro Devices)), on the other hand, put pressure on the technology-heavy Nasdaq exchange. The NASDAQ 100 expanded Monday’s losses, losing another 1.74 percent to 11,624.29 points. This could mean that the big players in the Internet, social media, software and semiconductors sectors could lose their status as driving forces for the stock exchanges for the time being, which they had in recent months.
The S&P 500 fell 0.14 percent on Tuesday to 3545.53 points. Like the Dow Jones the day before, the market-wide stock market barometer had reached a record high./bek/he
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