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The main indexes of EE. USA They fell from the start of the first trading day of the week, but in the 18’s it is a mixed picture.
In April, the US stock exchanges collected large parts of the crowns this winter. However, the second trading day in May, Monday, started negative.
Carlo Allegri / X90181
published:,
The trend is happening in light of investors who fear an escalation of the U.S.-China trade war after Donald Trump threatened new tariffs on Chinese imported products.
United States Secretary of State Mike Pompeo on Sunday accused China of spreading the crown virus and said the country must be held accountable.
This is how it looks in 18 hours:
- The S&P 500 is down 0.36 percent
- Dow Jones is down 0.81 percent
- Nasdaq is up 0.48 percent
Airline stocks are falling
Several of the tech wrestlers last week presented their figures for the three months through March.
DNB Markets notes that there was little additional support to come out of the Apple and Amazon updates, among other things, after the company’s reports had helped the US stock market. USA At the beginning of last week.
– Combined with confirmation of weak key figures and growing concern about both further polarization linked to the closings and a new round of deteriorating relations with China, this sent the rates even further after weaker development on Thursday, He writes the brokerage in a report Monday morning.
Among individual stocks and sectors, aviation stocks fall widely after Warren Buffet said at the Berkshire Hathaways annual conference on Saturday that the company has sold all of its shares in United Airlines, American Airlines, Southwest Airlines and Delta Airlines, he writes. Infront TDN Direkt.
“The world has changed for airlines. I don’t know if Americans have changed their habits as a result of this, but I think some industries, like aviation, are really affected by a forced shutdown, “Buffett said, according to Infront TDN Direkt.
Airline shares fell 7-13 percent on Monday afternoon, Norwegian time.
Also read
– It is difficult to see that they are now buying stocks
“Sell in May”
The English saying “sell in May and stay away”, “sell in May and stay away” is perhaps one of the best known terms in the financial industry. The goal is to sell the shares in May, to avoid the historically more turbulent period from May to October. However, the old strategy is disputed by experts.
The US stock market fell on Friday, which was the first day of trading in May. Benchmarks fell between 2.8 and 3.2 percent. That’s also because of Trump’s threats to China.
The price of a barrel of North Sea oil (burned place) dropped approximately 1.2 percent to $ 26.28 at 3:30 pm Norwegian time on Monday.
