Börse Express – ROUNDUP / Aktien New York End: Benefits Thanks to Hope and Vaccine Data

More positive news about the fight against the coronavirus pandemic gave Wall Street a boost again on Monday. Positive economic data also ensured a good mood. In addition, various media reports, according to which former Federal Reserve Chief Janet Yellen will be the first woman to assume leadership of the US Treasury, raised hopes for a new economic stimulus program.

Initial earnings of the Dow Jones Industrial
It temporarily melted a bit before the leading US index hit the gas again. At the end of the negotiation, it achieved an increase of 1.12 percent to 29,591.27 points, which more than made up for the setback on Friday. For the S&P 500 of the entire market In the end, it was up 0.56 percent to 3,577.59 points, while the equally friendly Nasdaq 100 started with the technology.
On the ground at 11,905.94 points.

Although the corona pandemic is currently raging in the United States, business sentiment brightened significantly in November: The Purchasing Managers Index compiled by research company Markit rose to its highest level in a good five and a half years. . However, analysts had expected a slowdown.

The one from Biontech and Pfizer
According to a government representative, the developed corona vaccine could be available in the US as of December 11 in the event of an emergency approval. The vaccine could be delivered to states within 24 hours of approval by the US FDA, a representative responsible for the US government’s vaccination program told CNN. Biontech’s papers rose 2, 3 percent in New York, while Pfizer shares, which were initially market-friendly, lost just under half a percent.

Curevac New York Listed Stock
rose 6.7 percent after the biotech company with Wacker Chemie had signed a contract to produce a candidate vaccine against Corona.

With the British-Swedish pharmaceutical company Astrazeneca
Another company also presented data on a corona vaccine. The company announced that the vaccine was averaging 70 percent effective based on interim results from a major testing phase. Unlike the Biontech and Pfizer preparation, Astrazeneca vaccine can be transported and stored in the refrigerator at temperatures of two to eight degrees.

“Even if the overall effectiveness seems a bit lower than with mRNA vaccines, AZD1222 has a huge advantage: it is robust and easy to use, so to speak, the ‘worker bee’ among potentially available Covid-19 vaccines.” the Munich-based company explained. Infectiologist Clemens Wendtner. Axi analyst Stephen Innes called the Astrazeneca news a “big problem.” This would likely allow industrialized countries to immunize most risk groups against lung disease by spring 2021.

Regeneron Stock increased by almost one percent. The company’s antibody cocktail for the treatment of Covid-19 received emergency approval in the United States. This means that it can be used to treat patients twelve years and older who are at risk of developing severe Covid 19 symptoms. However, patients who are in the hospital or need oxygen cannot receive the drug.

At Merck & Co The share price fell 0.2 percent after the drugmaker announced that it would take over OncoImmune for $ 425 million in cash. The company has an active ingredient for crown patients with severe infections in clinical trials and recently reported positive data.

Aviation stocks visibly benefited from the new Corona news: while American Airlines increased by more than eight percent, it was for United Airlines
despite plans for a new capital increase at a good two and a half percent higher.

At Sensient, shareholders could expect a price increase of nearly two percent. The US company is selling its fragrance division to a German industry colleague Symrise at an unknown price. .

The euro It showed severe price fluctuations on Monday: in New York trading, it settled slightly below half of its wide trading range at $ 1.1840. The European Central Bank (ECB) had set the reference rate at 1.1901 (Friday: 1.1863) dollars and the dollar cost 0.8403 (0.8430) euros. US government bonds fell: The ten-year Treasury bond futures contract (T-Note Future) fell 0.14 percent to 138.32 points. The yield on the ten-year bond increased accordingly to 0.86 percent./gl/men

— By Gerold Löhle, dpa-AFX —

 ISIN  US2605661048  US6311011026  US78378X1072

AXC0373 2020-11-23 / 22: 31

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