New York (dpa-AFX)-After the course the day before, the early trade on the US exchanges initially continues to grow on Tuesday due to reported customs progress. After the publication of figures on inflation, the Dow Jones Industrial noted 0.42 percent weaker at 42,232 points in the first trading lesson.
The technology -based Nasdaq 100 climbed over the 21,000 points for the first time since the beginning of March and recently increased by 0.52 percent to 20,978 points. The market width S&P 500 won 0.24 percent to 5,858 points.
In April, consumer prices in the United States had increased by 2.3 percent in the year. In March, the inflation rate was 2.4 percent. Economists expected stagnation in April. The first prize -stringing customs effects were not visible, commented on the boss economist at Liechtensteiner VP Bank, Thomas Gitzel. According to Helaba expert Ralf Umlauf, the US Federal Reserve with possible interest changes is still in no reason.
In the reporting season, it is more leisurely on Tuesday. The titles of Unitedhealth, which slipped by more than 13 percent, were striking among the Dow values. The health insurer unsettled investors with a surprising boss change and the suspension of his goals.
Among the “Magnificent 7”, i.e. the seven most important technology values, which had all benefited from the interim customs cleaning with China the day before, the titles of AI chip manufacturer Nvidia with plus 2.8 percent were clear.
The shares of the Coinbase crypto tours won 14.5 percent after their inclusion in the S&P 500 index. Investors see this another milestone for the booming crypto industry. From May 19, Coinbase should take the place of Discover Financial Services.
Hertz (Hertz Global) lost almost 18 percent. The car rental company had a greater loss in the first quarter than expected. While the fleet was reduced, some customers made fewer bookings.
First Solar (First Solar) recorded an increase of over 17 percent. This was attributed to positive analysts on the market. Wolfe Research had upgraded “outperform” and sees the solar company a beneficiary of the Inflation Reduction Act (IRA) investment program. JPMorgan expert Mark Strouse also sees First Solar in a good starting point to benefit from the investments ./Ajx/he