Classics Wall Street recovers - tech exchanges remain undecided

01:35  18 september  2020
01:35  18 september  2020 Source:   finanzen.net

Volvo, BMW and Cadillac lead the J.D. Power Tech Experience Index

  Volvo, BMW and Cadillac lead the J.D. Power Tech Experience Index The survey asks what tech customers want and finds which manufacturers are delivering it.That's where the 2020 J.D. Power Tech Experience Index, published on Wednesday, comes in. It looks at nearly all major vehicle manufacturers -- including Tesla, for the first time -- and assigns a score based on how quickly they assimilate new safety technologies and how effectively they're integrated into production vehicles.

The price fluctuations in New York continue. After the price slump the night before, US stock marketers disagree.

PHILIPPE HUGUEN/AFP/Getty Images © Provided by Finanz.net PHILIPPE HUGUEN / AFP / Getty Images

The Dow Jones rose 0.29 percent to 27,613.86 points at the start on the last trading day of the week and remains with a plus of 0.72 percent 27,733.91 meters are currently friendly. In addition, the NASDAQ Composite climbed 0.83 percent higher at 11,010.07 points on Friday and then went on a search for direction. The tech barometer is currently 0.18 percent weaker at 10,900.15 points.

The day before, however, the US benchmark index had fallen by almost one and a half percent, and the decline in the US technology stocks, which had run hot in recent weeks, was even stronger. The course correction begun last week thus continued.

This Might Just Be the Absolute #1 Swimwear Trend of 2020

  This Might Just Be the Absolute #1 Swimwear Trend of 2020 There is one stand-out 2020 swimwear trend that reigns supreme above all the rest, and luckily, it’s pretty classic: leopard print.

Despite the moderate gains now emerging and the recovery on Wednesday, the current weekly balance in the Dow is clearly negative - it would be the second week with losses as a result. This is why some market participants are now also concerned with the question of a possible bubble in technology stocks. Since the Corona crash in the spring, investors had bet on papers from this area in their bet on a quick economic recovery from the crisis.

ECB continues to be talked about

On the data side, there are no major price drivers in sight in the USA on Friday. Instead, the question of the monetary policy of the European Central Bank (ECB) is also being discussed on the US market. The day before, ECB boss Christine Lagarde had addressed the strength of the euro, but refrained from strong verbal intervention. Now ECB chief economist Philip Lane caused renewed speculation with renewed warnings about a strong exchange rate.

In the USA, the government's tough struggle for another corona rescue package is also moving back into focus. The Democrats blocked a $ 500 million plan by the Republicans in the Senate on Thursday.Redaktion finanzen.net / dpa-AFX

Best Cool Bikes Under $5,000 .
Sub-600cc motorcycles that won’t break the bank, and don’t sacrifice style.Related: Best New Motorcycles Under $8K

—   Share news in the SOC. Networks
usr: 0
This is interesting!