Tesla invests in Bitcoin: US exchanges start the week with records

Tesla invests in Bitcoin
US stock exchanges start the week with records

The almost unshakable belief in a global economy that will regain momentum is giving the stock markets a boost. The US stock markets are climbing further record highs, and Germany is also looking up.

The hope of a quick economic recovery in the USA through a massive aid package and progress with the corona vaccinations are driving the New York stock exchanges to new record levels at the beginning of the week. The prospect that the $ 1.9 trillion US economic stimulus program could get underway in the coming weeks, said stockbrokers, made for a buying mood. But statements by US Treasury Secretary Janet Yellen that the country would achieve full employment again next year if Congress approves the Corona aid also fueled confidence.

The Dow Jones Index the standard value closed 0.8 percent higher to 31,385 points. The technology-heavy one Nasdaq advanced one percent to 13,987 points. The broad one S&P 500 gained 0.7 percent to 3915 points. All three indices were fresh records.

Before that was also the Dax at its peak by 0.8 percent to a record high of 14,169.49 points. In the course of trading, however, he gave up the profits again and went out of trading with 14,060 points hardly changed. You can read more information in our "Stock Exchange Day".

Oil prices also climbed to their highest level in more than a year. This made investors resort to energy stocks. The shares of Marathon Oil, Schlumberger, Exxon Mobil, Chevron and Occidental Petroleum rose between 2.5 and 13.1 percent.

Tesla investment drives Bitcoin demand

Bitcoin 44,808.00

Also climbed to a record high Bitcoin. The oldest and most important cyber currency increased around 17 percent to $ 44,253. Made for a buying mood Teslas announcement of having invested $ 1.5 billion in Bitcoin. The shares of the US electric car maker rose 1.3 percent. The cryptocurrency companies Riot Blockchain and the Marathon Patent Group each gained more than 40 percent.

In the course of the Bitcoin rally, PayPal's shares also advanced by 4.7 percent. Last year, the online payment provider announced to its customers that they would buy with Bitcoin and other digital currencies via the payment platform. The PayPal rate had more than doubled last year.

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