new York Fearing disappointing quarterly figures, US investors are keeping their hands off equities at the beginning of the week. The Dow Jones index of standard values fell 0.4 percent to 31.16 points on Monday. The broader S&P 500 fell 1.1 percent to 3855 points. The index of the technology exchange Nasdaq is two percent lower at 11,404 digits.
Big banks like JPMorgan and Morgan Stanley will give the starting signal for the accounting season in the course of the week. Investors will be watching the results closely for signs of a slowdown in economic growth. The shares of the banks give in the run-up to the start of the week around one percent.
US investors were also concerned about the rising number of corona infections and the appearance of a new omicron sub-variant in Shanghai. Stockbrokers again feared restrictions in the economic metropolis. The corona-related closure of the casinos in the Chinese gambling metropolis of Macau is affecting casino operators. Melco, MGM, Las Vegas Sands and Wynn are down between 2.3 percent and 8.8 percent.
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