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NEW YORK STOCKS OUTLOOK: Slight losses

NEW YORK STOCKS OUTLOOK: Slight losses

NEW YORK (dpa-AFX) – On Thursday, the US stock exchanges are likely to start trading a little lower after the holiday break. On Christmas Eve the business had already ended at 7:00 p.m. CET. Wall Street didn’t even open on Wednesday. The business volume is likely to be below average again; in Europe the stock exchanges will not open again until Friday.

NEW YORK STOCKS OUTLOOK: Slight losses

Around half an hour before trading began, Societe Generale valued the Dow Jones 0.5 percent lower. The institute also sees the Nasdaq 100 as being 0.5 percent lower.

Once again there was hardly any market-moving news from the corporate world. Mastercard fell slightly in premarket trading. According to the credit card company, US retail sales from November 1st to December 24th increased by almost four percent compared to the same period last year. The stocks of competitors Visa and American Express also lost some ground.

From the economic world, only the change in initial applications for unemployment assistance was known. These had surprisingly fallen last week./he