NEW YORK (awp international) – Without a new impetus, Wall Street is hardly expected to change at the opening on Thursday. The broker IG estimated the leading index Dow Jones Industrial just under an hour before the start with plus 0.06 percent to 29,902 points. The number of initial weekly jobless claims fell surprisingly significantly in the United States. The recent worsening of the Corona crisis is apparently less of a burden on the labor market than expected.
The vaccine euphoria, thanks to which the stock markets had bullied last month, seems to be gradually fading, wrote analyst Craig Erlam of broker Oanda. And yet there could still be a year-end rally if more vaccines are now approved and then distributed, he said confidently. According to Erlam, it would also be important that the parties in the USA agree on a new economic stimulus package before the end of the year, even if this is likely to be smaller than the Democrats would like.
Tesla’s papers are still in focus among the individual values. After they were weaker the day before, they now advanced again by around four and a half percent to 594 dollars. A study by Goldman Sachs provides a new boost in which analyst Mark Delaney raised the price target from 455 to 780 US dollars. Just a few days ago, the electric car manufacturer’s shares climbed above the $ 600 mark for the first time.
The shares of the newcomer Snowflake slipped by three percent according to the figures. The data analysis specialist disappointed with its forecast for product sales. The retailers Kroger and Dollar General will also publish quarterly figures on Thursday. Both were clearly lower in the pre-trading session ./ajx/jha/
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