The Stock Exchanges in New York Started the Day Alternately on Wednesday

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The stock exchanges in New York started the day alternately on Wednesday. Investors on Wall Street are still hoping for a political deal in Washington on a new bailout package for the US economy.

 

Attention will also endure being paid to the developments surrounding corona vaccines.

The Dow Jones index was 0.4 percent higher after a few minutes of trading at 30,298 points. The S&P 500 rose 0.2 percent to 3708 points, and tech exchange Nasdaq lost 0.1 percent to 12,568 points.

Republican and Democratic politicians in Congress continue to bicker over a major economic support package against the corona crisis. President Donald Trump’s administration has proposed a $ 916 billion stimulus package. Democrats previously filed a $ 906 billion package over disagreements with Republicans over its terms.

Investors’ attention is further focused on the IPO of major meal delivery company DoorDash, which raised nearly $ 3.4 billion. The total market value of the company is approximately $ 38 billion. Trading in DoorDash stock will begin later Wednesday.

FireEye was lowered by about 10 percent. The company, one of the largest internet security companies in the United States, has been robbed of a series of hacking methods. The methods were typically used to test customer security internally. According to the CEO of the company, this is a very sophisticated operation, which may have been carried out by the government of a country.

On the quarterly front, food group Campbell Soup (minus 1.4 percent) can count on interest, as can the seller of computer games GameStop (minus 17 percent).

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