ROUNDUP / New York Stocks End: Record series continues – Dow over 36,000 points
Times Square in New York. The city is the most important financial center in the USA. pixabay.com
NEW YORK (dpa-AFX) – On Wall Street, the record run went into the next round on Tuesday. Good quarterly reports were again cited as a positive argument for the positive state of the market, which set the Dow Jones Industrial record
After the Dow Jones Industrial
“There is now consensus that the Fed will announce its entry into the exit from the ultra-loose monetary policy,” said portfolio manager Thomas Altmann of QC Partners with a view to the upcoming interest rate decision by the US Federal Reserve. The exchanges were expecting a roadmap for the reduction in monthly bond purchases, which should begin later this year.
Among the companies with strong numbers was Under Armor
There were also results from Dupont
Clear gains of 7.4 percent posted against the shares of Rockwell Automation
Otherwise there was also good news from Pfizer
A potential new competitor to the vaccine from Biontech and Pfizer also made a positive impression. On Monday it had the shares of Novavax
US Treasury bond prices rose somewhat amid robust equity markets. The futures contract for ten-year Treasuries (T-Note-Future) rose by 0.30 percent to 131.05 points. The yield on ten-year paper fell to 1.54 percent./tih/he
— By Timo Hausdorf, dpa-AFX —
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