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US News Below 28,000 counters: Dow Jones is more clearly after

17:10  26 october  2020
17:10  26 october  2020 Source:   finanzen.net

Caution remains: Dow Jones goes a little higher into the day

 Caution remains: Dow Jones goes a little higher into the day On Wall Street things are going up moderately at the start of the week. © Provided by Finanz.net Spencer Platt / Getty Images The Dow Jones opened the day 0.1 percent up at 28,633.55 points. Aid measures remain in the focus of investors Statements by US politician Nancy Pelosi are seen as support for New York stock values.

Impending lockdown measures and dwindling hopes for an economic stimulus package in the US weigh on Wall Street on Monday.

Thomas Lohnes/Getty Images © Provided by Finanz.net Thomas Lohnes / Getty Images

The Dow Jones entered the Monday trade poorly and lost 0.53 percent to 28,185.82 points at the start. It is currently heading southwards more clearly - by 1.34 percent to 27,957.40 meters.

The new corona wave seems to be spiraling out of control in parts of Europe. In Spain and France in particular, there is a threat of widespread closure steps to contain the pandemic. These would stifle the economy in Europe and should at least slow down the process of economic recovery in the USA as well.

Hope for new stimulus package still alive: US trading ends with profits

 Hope for new stimulus package still alive: US trading ends with profits After a weak start to the week, Wall Street picked up again on the second trading day of the week. © Provided by Finances.net DANIEL ROLAND / AFP / Getty Images The Dow Jones ended Tuesday trading in profits, increasing 0.40 percent to 28,308.49 points. Wall Street bounced back from its weak start to the week on the second trading day of the week. Recently, investors were increasingly hoping for an economic stimulus package before the upcoming presidential election.

But there is also worrying information from the USA itself: A week and a half before the presidential election in the USA, a new record number of new infections with the corona virus has been set in the country. Traders are talking about worrying headlines.

No further economic stimulus package

The economic stimulus package in the USA, which is urgently needed in view of these reports, is still not making progress. Congress and the White House have not yet been able to reach an agreement. The spokeswoman for the House of Representatives, the Democrat Nancy Pelosi, still sees chances of reaching a majority-compatible compromise for a stimulus package before the elections, but criticizes the Republican opposing side and prepares the public for the talks to fail. "We have doubts that a convincing deal will be found before the elections. Because time is running out," says market strategist Luc Filip from SYZ Private Banking.Redaktion finanzen.net / Dow Jones Newswires

US election not yet decided: Wall Street starts friendly .
Despite the uncertain outcome of the US election, Wall Street starts with a plus on Wednesday. © Provided by Finanz.net Peter Bischoff / Getty Images The Dow Jones rises 0.12 percent to 27,512.83 points at the opening. Donald Trump and his Democratic challenger Joe Biden continue to be in a head-to-head race. Even before the end of the vote count, the incumbent declared himself the winner and also wants a court order to stop the further counting.

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