NEW YORK (dpa-AFX) – The US stock markets moved little at the start of the new week after the record run that continued on Friday. The leading index Dow Jones Industrial (Dow Jones 30 Industrial) fell by 0.12 percent to 39,086.51 points on Monday.
Last week, the Wall Street index recorded an increase of 1.3 percent. In addition, like the market-wide S&P 500 and the technology-heavy selection index NASDAQ 100, it had reached another record high, not least because of the euphoria surrounding artificial intelligence. The trigger for this was once again strong business figures from the graphics card and processor provider NVIDIA.
The S&P 500 fell by 0.21 percent to 5078.20 points on Monday. The Nasdaq 100 gained 0.16 percent to 17,965.56 points.
Stock markets around the world are waiting for important inflation data, which will come this week from the USA, but also from Japan and Europe. In particular, price data in the world’s largest economy is being closely scrutinized by investors because it has a strong influence on the monetary policy the US Federal Reserve. Hopes for the first interest rate cuts this year have already been pushed back to the May/June period in view of falling but still high inflation coupled with robust US economic and labor market data.
At the top of the Dow, shares in the software company Salesforce rose by more than three percent. Amazon’s securities, which were listed in the leading index from this Monday, have recently been almost standing still. The drugstore and pharmacy chain Walgreens Boots Alliance, which had only managed to be included in the world’s best-known stock index a few years ago, had to make way for the retail giant. Their shares fell by more than three percent.
Berkshire Hathaway’s B shares initially continued their record rally brilliantly and thus continued to approach the $1 trillion mark in terms of market valuation. The reason for this was surprisingly positive business figures. However, profit-taking soon began. The shares of the holding company of the legendary investor Warren Buffett recently fell by more than one percent.
The recent strong price gains achieved by Intuitive Machines shares (Intuitive Machines A) vanished into thin air again. The space company’s shares fell by a good 35 percent. The joy of the first successful commercial moon landing on Friday was now mixed with frustration. When it touched down, the lander probably tipped over and lay on its side.
The Broadcom shares (Broadcom) gained just under one percent. The investment company KKR acquires one of the semiconductor manufacturer’s software companies./la/he