New York (AFP)
Wall Street was catching its breath Tuesday shortly after the opening, with all three indices entering the red after the jump the day before when the S&P 500 and the Nasdaq posted their best sessions in several months.
At 3:00 p.m. GMT, the Dow Jones dropped 0.18%, the S&P 500 lost 0.22% and the Nasdaq dropped 0.27%.
On Monday, the Dow Jones climbed 1.95% to 31,535.51 points.
The Nasdaq, with strong technological coloring, had gained 3.01% to 13,588.83 points, its strongest advance since November 4.
More representative of the US market, the S&P 500, up 2.38% to 3,901.82 points, had recorded its best session since June 5.
"Stocks surged on Monday as the yield on 10-year Treasuries appeared to stabilize and investor optimism over the vaccine rollout and the stimulus package in Congress brightened the mood after the losses considerably. last week, ”recalls JJ Kinahan of TD Ameritrade.
On Tuesday, the 10-year bond rate remained around 1.43%, well below the 1.50% that had made investors nervous last week, rekindling fears of a surge in inflation.
But "this morning starts off on a quieter note, which is perhaps to be expected after such a steep rise the day before," the analyst continued.
"It looks like investors maybe want to take a break and see how the session is going."
Among the actions, the video conferencing application Zoom climbed more than 4% to 426 dollars after announcing a turnover up 327% in 2020 with the pandemic that made education and remote work necessary.
Stocks from the traditional economy remained in the green after their good performance the day before such as American Airlines (+ 1.17%) or Boeing (+ 1.15%), as well as Johnson & Johnson (+ 0.21% ) which has received the regulatory green light for its single-dose vaccine and which could partner with Merck (+ 0.55%) to manufacture it.
Moderna, on the other hand, lost 3.60% and Novavax, whose vaccine is awaiting approval in May, according to the press, dropped more than 8%.
© 2021 AFP