The Stock Exchanges in New York Opened Lower on Thursday

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The stock exchanges in New York opened lower on Thursday. Investors on Wall Street remain cautious about the rise in corona infections in several US states and are processing new figures on weekly benefit claims in the United States.

 

Shortly after the start, the Dow-Jones index fell 0.7 percent to 25,930 points. The broad-based S&P 500 dropped 0.4 percent to 3,100 points, and technology exchange Nasdaq fell a fraction to 9907 points.

The number of first claim claims in the US rose by more than 1.5 million last week, after an adjusted increase of 1.57 million a week earlier. The figure was higher than expected, as economists expected nearly 1.3 million applications. It is the thirteenth week in a row that the number of applications exceeds one million.

It was also announced that industrial activity around the city of Philadelphia is showing unexpected growth this month, following the contraction in May. Due to the easing of the corona measures, many companies are opening their doors again.

Shortly after opening, the market researcher Conference Board publishes its business barometer for the American economy. Improvement is also expected here.

Cruise company Carnival released figures for the past quarter. There was a net loss of nearly $ 4.4 billion, and Carnival also expects losses from the crisis for the remainder of the year as it puts its cruise ships at anchor.

Carnival shares lost nearly 5 percent, while Royal Caribbean Cruises and Norwegian Cruise Line lost up to 2 percent. On Wednesday, these funds also had to give up ground.

Supermarket chain Kroger also opened the books. Kroger said he was unable to make full-year forecasts because of the uncertainty caused by the corona crisis. The price went down 2.2 percent.

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