NEW YORK (dpa-AFX) – Russia’s attack on Ukraine is likely to accelerate the slide on US stock markets on Thursday. The broker IG assessed the leading index Dow Jones Industrial (Dow Jones 30 Industrial) half an hour before the start of trading 2.3 percent lower to 32,380 points and the technology-heavy NASDAQ 100 2.8 percent weaker to 13,136 points.
Stock prices around the world have plummeted after Russia launched an invasion. Ukraine reported Russian attacks from different directions. NATO Secretary General Jens Stoltenberg also spoke of Russian attacks from different directions.
US economic data and corporate news took a back seat to the war in Ukraine.
eBay shares fell nearly 8 percent premarket after the online trading platform gave a disappointing sales outlook for the current quarter. In the final quarter of 2021, the number of active buyers fell surprisingly sharply. In addition, a high quarterly loss was incurred in continuing operations.
Alibaba’s New York-listed stocks lost 7 percent in value. China’s Amazon competitor reported the slowest sales growth for the past quarter since China’s leadership tightened control of the domestic tech sector.
At Moderna, the pre-market price drop was limited at 2 percent given the market environment. The biotech company continues to make excellent money from its corona vaccine, as the most recent interim report showed. In addition, the Biontech (BioNTech (ADRs)) rival for 2022 slightly raised the sales forecast for its corona vaccine.
In contrast, the prices of the oil companies Exxon Mobil and Chevron each rose by almost 3 percent. You benefit from the soaring oil prices caused by the crisis./gl/jha/
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