NEW YORK (dpa-AFX) – After the recent recovery, the US stock markets are likely to start with a slightly negative trend on Friday. The turbulent trading week was characterized by geopolitical and trade policy tensions such as the initially defused conflict over Greenland and US President Donald Trump’s withdrawn punitive tariff threats against eight European countries.
The Dow Jones Industrial was valued by broker IG 0.4 percent lower at 49,187 points three quarters of an hour before trading began, after gaining 0.6 percent on Thursday. This indicates a weekly loss of around 0.3 percent for the US leading index.
The NASDAQ 100 is expected to be down 0.3 percent at 25,445 points on Friday. This could result in a weekly loss of around 0.3 percent for the index, which is dominated by tech stocks.
The chip company Intel is being slowed down on its restructuring course by delivery bottlenecks. The sales target of 11.7 to 12.7 billion US dollars for the current quarter disappointed Wall Street: Intel shares fell by 12.7 percent to 47.44 US dollars in pre-market US trading. However, the stock had previously experienced a steep price increase of almost 50 percent since the turn of the year.
For JPMorgan analyst Harlan Sur, however, the price increase was too much of a good thing. He raised his price target in a study on Friday, but only from $30 to $35. His rating for the stock remains “Underweight”. He found the semiconductor company’s latest key figures to be better than expected, but the outlook was disappointing.
NVIDIA’s shares recently rose by 0.9 percent before the market. As the Bloomberg news agency reports, Chinese officials have allowed the country’s largest technology companies to purchase Nvidia’s H200 AI chips.
CSX (CSX) rose 2.2 percent premarket after the logistics group’s sales outlook for 2026 was better than expected./edh/mis
