The Stock Markets in New York Started Trading Week on Tuesday With Solid Profits
The stock markets in New York started a shortened trading week on Tuesday with solid profits. As in Europe, the sentiment is mainly supported by the further relaxation of corona measures.
Companies in the travel industry seem to benefit from this.
The Dow-Jones index was 2.3 percent higher in the first few minutes of trading at 25,043 points.
The broad S&P 500 won over 2 percent to 3,016 points, bringing the indicator above the 3000 point mark for the first time since early March. The Nasdaq technology exchange rose 1.6 percent to 9474.
Airlines Delta Air Lines, American Airlines, United Airlines and Southwest Airlines won up to 11.1 percent. Reports of easing measures in Germany and Spain, among others, are optimistic about the recovery of the tourism sector.
As a result, Expedia (plus 5.2 percent) and Booking Holdings (plus 9 percent), both active in online bookings, also performed well at the opening of the exchanges.
Cruise lines Royal Caribbean Cruises, Carnival and Norwegian Cruise Line were up 11 percent.
Biotechnologist Novavax shot up 14.4 percent shortly after the opening bell. The company announced the start of a clinical study of a potential corona vaccine.