US-Börsen zeigen Stabilität trotz geopolitischer Spannungen und Zolldrohungen

Stability of US Markets

The US markets appear robust as the week progresses, largely maintaining record levels. This is happening despite increasing tensions between the US and Iran, rising oil prices, and new tariff threats from President Donald Trump. A slight increase in new jobs according to the ADP service for the month of May has somewhat dampened sentiment, but the upcoming government employment report, set to be released on Friday, could provide crucial impulses for US monetary policy.

Technology Markets Continue to Gain Momentum

The Nasdaq 100, which greatly benefits from the semiconductor boom, could reach another record high on Wednesday. Broker IG estimated the index to be 0.1 percent higher at 30,698 points one hour before trading begins. In contrast, the Dow Jones Industrial is expected to open 0.3 percent lower at 51,132 points. This divergence between the indices highlights the ongoing strength in the technology sector, further driven by upcoming record IPOs from companies like SpaceX and AI firms Anthropic and OpenAI.

Geopolitical Risks and Their Impact on Investors

Despite negotiations for an extension of the ceasefire between the US and Iran, heavy firefights are occurring. Market experts, such as Amanda Lyons from Energy Group Capital, see room for further growth in the stock markets. The looming tariffs from Trump, which affect 60 countries and target products from alleged forced labor, could pose risks to the markets. Nevertheless, investors have learned from last year’s experiences and are better prepared for potential developments. The crucial question remains to what extent companies can pass on the increased costs to consumers.

Euphoria in the Semiconductor Market

Shares of Marvell Technology are showing sustained euphoria midweek, with a pre-market increase of 11 percent. Nvidia CEO Jensen Huang recently referred to the company as the „next trillion-dollar company,“ further fueling the record chase of Marvell shares. Other industry peers like Micron and Broadcom are also showing promising price developments. Broadcom is set to report on the past quarter after trading hours, which could lead to additional market movements.

Profit-Taking at Palo Alto Networks

In contrast, shares of Palo Alto Networks are falling by 3.5 percent after a record chase. The IT security company surprised positively on Tuesday with an upgraded profit outlook, underscoring the ongoing demand for its products. Analysts subsequently raised their price targets, but this could not alleviate the pressure on the shares.

Gamestop and Sherwin-Williams in Focus

Gamestop shares saw a pre-market increase of 10 percent after the company reported significant revenue and record profits in the last quarter. Additionally, Gamestop plans a $2 billion stock buyback, which could further bolster investor confidence.

Sherwin-Williams, on the other hand, shows signs of stabilization with a 3.6 percent increase after a decline in recent days. The paint and coatings manufacturer has abandoned its acquisition plans for Akzo Nobel due to Dutch resistance, which could influence market reactions.