Economy

‘Wall Street takes a step back after a good week start’ | Financial

Futures in the US pointed to minus up to 0.2% ahead of the main indicators this afternoon. The broad S & P500 posted the largest daily gain since June last year on Monday.

After the strong recovery on Monday, aided by a boost from the American industry, this week the focus is mainly on key figures about the US labor market. With the job report of salary processor ADP on the private sector on Wednesday and the official employment figures and wage development on Friday.

Tesla, which shot up at the start of the week, seems to be giving up light ground at the kick-off. The manufacturer of electric cars showed a printed image at the end of last month.

Zoom stands for a significantly higher opening after the video service showed strongly better than expected results on Monday after the close of the market.

Tesla’s challenger NIO is on its way to a lower start after mixed results came out Monday after the market.

GameStop is heading for a lower opening. The video game chain is blowing off some steam after the nice ride up in previous days.

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