Wall Street shares closed mainly after investors feared the European corona situation: “Investors did not seem to be aware of how corona vaccines have developed”

New York

New York stock market indices closed on Friday, with the exception of the Nasdaq index, as investors feared a worsening interest rate pandemic in Europe. The Nasdaq rose to a new record.

New restrictions are being considered in Germany, the Netherlands and Belgium. In Germany, the number of infections has risen to new records day by day and the number of infections is clearly higher than at the end of last year.

In Austria, it has already been decided to introduce a ten-day confinement facility starting next week next Monday. In addition, the country is planning to force vaccination.

“The market was predictably scared of corona news. Investors did not seem to take into account the development of coronary vaccines and other treatments for the coronary pandemic, ”said investment strategy analyst. Ross Mayfield finance company Bairdilta commented to CNBC.

Mayfield reminds us that we have experienced new waves of infection with the coronavirus time after time and different variations of the virus. He points out that as each wave of infection strikes, we learn more and more about how to live with the virus and how to get along with it.

Shares affected by the interest rate pandemic fell. About airlines United Airlines the share fell 2.8 percent, American Airlines share 0.6 per cent and Delta Air Linesin share 1.1 percent. Aircraft manufacturer Boeingin the share fell 5.8 percent.

In the United States, fresh unemployment data was released yesterday. There were 268,000 new jobless claims filed in the United States last week, eight thousand more than economists expected. Although the number exceeded analysts ’forecasts, the number of applications fell from the previous week. The number of applications is starting to reach the level it was before the corona pandemic began.

Department store giants Macy’sin and Kohl’sin Shares rose at a tremendous pace on Thursday as the companies raised their guidelines for the current year. Macy’s shares closed down 7.1 percent on Friday and Kohl’s stock price fell 8.8 percent.

The euro weakened against the US dollar after stock markets closed. The 10-year rate on U.S. government debt fell 1.544 percent after the stock markets closed.

The Dow Jones index fell 0.8 percent, the S&P 500 index fell 0.1 percent and the Nasdaq index rose 0.4 percent.

Source: Arvopaperi by www.arvopaperi.fi.

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