The Stock Exchanges in New York Started Trading with Small Numbers on Tuesday
The stock exchanges in New York started trading with small numbers on Tuesday. Investors responded to the fact that the situation in the Middle East has not escalated further despite reports that Iran is preparing several revenge scenarios for the United States.
They would serve as retribution for the elimination of the senior Iranian General Qassem Soleimani.
The Dow-Jones index fell 0.3 percent in the first trading minutes to 28,606 points. The broad S&P 500 also fell 0.3 percent to 3237 points. Nasdaq tech fair got off to a better start and fell a fraction to 9069 points.
The calmer sentiment was also felt in the oil market. The oil price fell for the first time in four days. The threat of Iranian attacks on Saudi oil fields, for example, caused unrest in recent days.
Oil funds such as ExxonMobil and Chevron fell to 1.2 percent. Aviation shares did better. Delta Air Lines, Southwest Airlines and American Airlines gained up to 0.5 percent.
The latter company also reached a settlement with aircraft manufacturer Boeing (minus 0.1 percent) on compensation for the problems with the troubled aircraft 737 MAX. Boeing also started relocating its redundant personnel elsewhere in the company.
