US News Dow Jones rescues itself in the plus - investors between hope and fear

23:40  01 october  2020
23:40  01 october  2020 Source:   finanzen.net

comment: Is the XXL Dax coming? It would be revolution through the back door, and it would be right

 comment: Is the XXL Dax coming? It would be revolution through the back door, and it would be right © E + / Getty Images Dealers and share prices: So far there are exactly 30 companies on the DAX price board. That could change by the end of the year. investors argue for a redesign of the Dax - and they are correct. An extension of the index and stricter conditions would also remedy an old shortcoming. Theodor Weimer indicated his ideas two years ago.

The good mood on Wall Street faded again early on Thursday.

DANIEL ROLAND/AFP/Getty Images © Provided by Finanz.net DANIEL ROLAND / AFP / Getty Images

The Dow Jones ended the day in profit, but had to say goodbye to its daily highs. In the end it went up 0.13 percent to 27,817.37 points.

The initially very good mood on Wall Street turned darker on Thursday. In the US, investors on Thursday continued to fluctuate between hope and fear as to whether a new controversial stimulus package before the upcoming elections in November is still realistic in the near future. In the course of the Dow was then also slowed down by moderate economic data. Experts were surprised by the fact that the ISM index, a sentiment index for US industry, weakened again after four increases in a row.

HOCHTIEF share fixed pre-trading: Subsidiaries build terminal in San Diego

 HOCHTIEF share fixed pre-trading: Subsidiaries build terminal in San Diego Subsidiaries of the HOCHTIEF construction group have landed a billion-dollar contract in the USA. © Provided by Finanz.net Hannelore Foerster / Getty Images As the company announced to HOCHTIEF , a joint venture between Turner and Flatiron is building a new terminal at the international airport in San Diego for 2.265 billion US dollars. Construction is scheduled to begin at the end of 2021. A first part of the new terminal is scheduled to open in 2025, the second part in early 2027.

Boeing and oil stocks in focus

Boeing shares remained on a recovery course. The increasingly clear prospect of an early flight permit for the crisis jet 737 Max was supplemented by a positive analyst comment on Thursday. According to Goldman Sachs analyst Noah Poponak, concerns about the order situation for the aircraft could turn out to be excessive.

Weakly shares of Chevron also presented themselves. In the oil sector, the papers remained generally under pressure on Thursday as the price of a barrel of US WTI oil fell below the $ 40 mark. Shares in ExxonMobil , Schlumberger , ConocoPhillips and Occidental Petroleum also fell.

Tech title in demand

The technology stocks on the Nasdaq were helped by a positive mood in the chip sector, which was justified on the market with optimistic signals from Europe. There, STMicroelectronics had raised its outlook for the current year for the second time. Finanzen.net editors / dpa-AFX

Covestro share falls significantly: Covestro buys DSM coating business for 1.6 billion euros .
Covestro strengthens its paint, adhesive and specialty products business by taking over a division of Dutch competitor DSM. © Provided by Finanz.net INDRANIL MUKHERJEE / AFP / Getty Images The materials manufacturer from Leverkusen is paying 1.61 billion euros for the DSM Resins & Functional Materials division, as he announced ad hoc on Tuesday. The acquired business achieved sales of around 1 billion euros in 2019 and an operating profit (EBITDA) of 141 million euros.

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