New York (dpa) - After the renewed price surge from the previous day, the US stock markets ran out of strength on Thursday. The US leading index Dow lost 1.17 percent to 24,345.72 points. After all, he recovered from the crash low of mid-March by more than a third.
The previous day, the Dow had not lacked much up to the round mark of 25,000 points. The stock marketers should also keep an eye on these on Friday.
Just how much the corona virus is currently pulling the US economy into the abyss was shown by new figures from the labor market. The number of initial jobless claims in the previous week was 3.8 million. This means that more than 30 million people have registered as unemployed since the worsening of the corona pandemic in March. "Due to the deteriorating labor market, the economic outlook remains bleak," said analyst Partick Bolt of Helaba. Consumer spending among US citizens also slumped in March.
The broad S&P 500 declined 0.92 percent to 2,912.43 points. The Nasdaq 100, on the other hand, gained 0.20 percent to 9000.51 points. This was supported not least by good quarterly figures from Facebook, whose shares rose strongly, as well as a record high of Amazon's shares.
Investors again had to digest numerous quarterly balance sheets, including those of some technology heavyweights from the previous evening. Microsoft has had no impact on the corona crisis. Rather, the software company benefited from the strong trend towards home work and increased sales and profits. Shares rose 0.6 percent after having risen sharply in the past few weeks.
Facebook's papers went up much more clearly, winning 5.4 percent. The world's largest online network was able to attract more users in the Corona crisis. The short message service Twitter, on the other hand, slipped into the red against the background of the pandemic, the price dropped by 7.8 percent.
Tesla shares initially rose sharply in quarterly terms, but then turned negative and closed 2.3 percent lower. However, the paper had more than doubled since mid-March. Tesla has greatly exceeded expectations, noted JPMorgan analyst Ryan Brinkman.
Papers from the chemical company Dow lost 2.1 percent. The corona crisis had halved the company's profit in the first quarter. The pandemic at McDonald's also caused profits to collapse recently. The share of the fast food chain closed only 0.14 percent lower after higher losses in the meantime.
Meanwhile, they were looking for Apple and Amazon shares, which rose 2.1 and 4.3 percent respectively. Amazon rose to a record high of $ 2,475 shortly before the closing bell. Both tech giants publish their quarterly reports after the market closes.
There was no uniform trend in the US bond market, trend-setting ten-year government bonds fell 1/32 points to 108 7/32 points. They paid 0.63 percent. The euro held gains against the US dollar and closed at $ 1.0953 at the close on Wall Street. The European Central Bank had previously set the reference rate at $ 1.0876 (Wednesday: 1.0842). The dollar had thus cost 0.9195 (0.9223) euros.
