New York (dpa-AFX)-Investors on the US stock market are calmly oppose a possible “shutdown”. The most important US indices showed up on Tuesday in New York’s stock exchange trade after an overall rather quiet business, and continued to stay just below their record highs from last week. For the month of September, all profits booked, which applies even more to the third quarter.
The Dow Jones Industrial ultimately rose by 0.18 percent to 46,397.89 points. In September, the profit for the best known index of Wall Street is 1.9 percent and 5.2 percent in the third quarter.
The market width S&P 500 index (S&P 500) increased by 0.41 percent to 6,688.46 points on Tuesday and the Nasdaq 100 won 0.28 percent to 24,679.99 points. The NASDAQ selection index, which was mainly equipped with technology values, thus placed an increase of 5.4 percent in September and increased in a total of 8.8 percent in the past quarter.
Even though the start of the month of October could now be shaped by a “shutdown” threatening again, since Democrats and Republicans still argue about the US budget, there was no great excitement. Such an event is “not a sugar slack” for the markets, as market analyst Christian Henke from the Handelshaus IG said, but the influence on the stock exchanges is all in all manageable.
According to a dealer, the debate about government is always the same cause: new budget laws would only be passed when the old ones were. He considers a standstill this week to be increasingly likely, and it may also be more serious than usual. Discharges are feared by US President Donald Trump and a delayed publication of important economic data.
Nvidia in particular remained in view of the seven most important tech giants from the United States. The titles gave up the fourth trading day in a row and reached a record high with plus 2.6 percent. Microsoft increased by 0.7 percent. Tesla and Apple also recorded moderate profits. However, Alphabet (Alphabet A (Ex Google)), Meta (Meta Platforms (Ex Facebook)) and Amazon gave in.
Dow leader was the Merck & Co (Merck) share with plus 6.8 percent. Pfizer also won 6.8 percent in the S&P. The US government announced an agreement with the latter pharmaceutical giant in the course of the trade. As part of Medicaid, a state health insurer and auxiliary program, this should sell medication to Americans at significantly lower prices than before. According to President Donald Trump, further agreements with other pharmaceutical companies should follow.
Pfizer CEO Albert Bourla said that Pfizer had secured a three-year grace period for the tariffs announced by Trump on medicinal products. The other winners in the healthcare industry included Bristol-myers Squibb, GE Healthcare (GE Healthcare Technologies), AMgen, Astrazeneca and Danaher, which increased by 2.2 to 6.6 percent.
Lam Research (LAM Research) continued their record run in Nasdaq 100 and increased by 2.1 percent. The day before, Deutsche Bank had upgraded the manufacturer of the manufacturer of Wafer manufacturing systems to “Buy”.
Firefly Aerospace (Firefly Aerospace), on the other hand, dropped by 20.7 percent. The company reported on platform X of an explosion at a rocket test./CK/HE
— from Claudia Müller, dpa-Afx —