NEW YORK (awp international) – The previously unclear weekly trend on the New York stock exchanges continued on Thursday. After losing on Wednesday, they picked up again. The technology-heavy Nasdaq 100 climbed to a record high and recently gained 0.38 percent to 15,140.45 points. The leading index Dow Jones Industrial remained slightly below the 35,000 point mark with a plus of 0.51 percent to 34,968.72 points. For the market-wide S&P 500, it rose 0.39 percent to 4419.97 points.
So one day before the official monthly US labor market report, investors are again feeling optimistic. Goldman Sachs was also optimistic about the prospects for the world’s most important stock market. The market strategists of the US investment bank raised their meanwhile exceeded year-end target for the S&P 500 from 4,300 to 4,700 points.
The shareholders of the health insurer Cigna had to cope with a price drop of almost 13 percent. Here, the expected negative impact on the annual result from the corona pandemic outweighed the surprisingly good quarterly profit.
The papers of the corona vaccine manufacturers Biontech and Moderna paid some tribute to their record rally, with Moderna initially also reaching a record high on Thursday. Thanks to the high demand for corona vaccines, Moderna also posted the highest quarterly profit to date. In the three months to the end of June, the company made a bottom line of $ 2.8 billion. Novavax expanded their previous day’s profit of almost 19 percent by a further almost six percent.
At Regeneron, investors were happy about a price increase of a good one and a half percent. The biotech company had tripled its quarterly profit thanks to its corona drug.
Uber shares gained one and a half percent after the ride-sharing company doubled revenue in the second quarter but disappointed with an adjusted operating loss of over $ half a billion.
The stock broker Robinhood, who went public just a week ago, now also went down after the price fireworks on the previous day: After doubling the price within four trading days, the shares fell by a good twelve percent./ajx/zb
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