New York (dpa-Afx)-The US exchanges recovered somewhat at the end of a deep red week. On Friday, the hope ensured that a feared standstill of government transactions in the United States will be averted at the last minute. The democratic minority leader in the Senate, Chuck Schumer, admitted and argued that a so -called shutdown of the government would only play President Donald Trump on the cards: the chaos that arose would distract from his agenda.
The leading index Dow Jones Industrial rose by 1.65 percent to 41,488.19 points. Calculated on the week, a minus of 3.1 percent. It is the greatest weekly loss since March 2023.
For the market -wide S&P 500, 2.13 percent went up to 5,638.94 points on Friday. The technology -based index Nasdaq 100 won 2.49 percent to 19,704.64 points.
Most recently, Trump’s trade policy caused uncertainty worldwide. In the United States, she was willing to alert investors due to simultaneous economic and inflation concerns. DZ Bank wrote that tangible progress in the tax cuts announced by the President are also not recognizable. However, the experts remain optimistic and believe in a better second half of the year. Your goal for the S&P 500 is 6,300 points.
Investment strategist Yung-Yu MA from BMO WEALTH Management added: “The markets rings with the question of where the fair value for a stock market is faced with a headwind through tariffs, fiscal expenses and potentially dubbing economic data.” In March, the mood of the US consumers in March, in the face of growing inflation worries, unexpectedly clouded.
The current recovery was shown in all values from the group of “Magnificent 7”, i.e. the technology values particularly noticed on the US exchanges. The shares of Alphabet (Alphabet A (Ex Google)), Apple, Amazon, Microsoft, Meta (Meta Platforms (EX Facebook)), Tesla and Nvidia won between almost two and almost six percent. However, this is not more than stabilization, because the Nasdaq 100 dominated by these values has now lost more than six percent of value in the current year.
The stocks of Docusign were positive in the tech sector, which skyrocketed by almost 15 percent. The company, which specializes in e-signature software, had exceeded expectations with its quarterly results and also presented a sales outlook as positive. According to the expert Brent Thill von Jefferie’s Research, “encouraging results with an attractive stock assessment.”
Papers from the fitness equipment provider Peloton Interactive attracted a good 16 percent and thus benefited from a purchase recommendation from the analysis house Canaccord Genuity. Expert Susan Anderson explained this with the advantages that the position of the company as a “clear market leader” in the field of networked fitness.
A third clear winner was the 13.7 percent higher shares of Ulta Beauty. They secured first place in the S&P 500. Expert Michael Binetti from Evercore ISI evaluated this as gratifying, even if the view of the cosmetics group blade conservatively for the current year
— from Lutz Alexander, dpa-Afx —