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NEW YORK (dpa-AFX) – For the standard values on New York’s Wall Street, a hesitant start is emerging on Monday. The Dow Jones Industrial (Dow Jones 30 Industrial) was estimated three quarters of an hour before the start by broker IG at 14 023 points and thus just under 0.1 percent in the red. Things look a little better for the technology-heavy US index NASDAQ 100, which was valued at 0.17 percent higher than 14 023 points. This would bring it closer to its previous record up to a distance of 50 points.
The market said that at the beginning of the week, investors waited for standard values to see what the US Federal Reserve will deliver in the course of the week. From this, the next interest rate decision is on the agenda on Wednesday with possible comments on the currently extremely high inflation. However, there is a little more interest in the technology stocks, which already outperformed the broader market on Friday.
The headlines were once again a corona vaccine, this time the one that has not yet been approved by Novavax. The biotech company announced that its own active ingredient had shown itself to be highly effective in tests, including against mutations of the virus. According to the information, it should protect 90 percent from all symptoms, and 100 percent from severe injuries. This sparked imagination among investors: the shares rose by 6.6 percent in advance.
Otherwise, oil values on Monday are worth a look again because of the price development on the oil market. The price for a barrel of the US West Texas Intermediate (WTI) had temporarily risen to its highest level since September 2018 on Monday. Papers from ExxonMobil and Chevron then each gained 0.4 percent.
In the case of Oatly shares (Oatly AB), the first analysts’ assessments came into focus on Monday after the strong IPO. After a rally in the first few days from the $ 17 issue price to $ 28.73 on Friday, many experts are now approaching the oat drink manufacturer with a neutral vote, including renowned companies such as JPMorgan or Morgan Stanley. Primarily, the paper was now traded 0.3 percent lighter./tih/fba