STOCK EXCHANGE: Wall Street opened with small movements – SK Hynix is ​​expected to see a decent rise

Trading on the New York Stock Exchange opened on Friday close to Thursday’s price levels on average.

After three quarters of trading, the broad S&P 500 index was up 0.11 percent and the techno-heavy Nasdaq was down 0.02 percent. The Dow Jones index of flagship companies was up 0.04 percent.

In the market, investors have tried to calm the mood after the escalation of the Iran crisis. In the stock market in particular, attention has turned to the earnings season, which will pick up next week.

“The sluggish reaction to the escalation of the Iran crisis is a clear sign that markets are looking past geopolitical tensions. Equity markets are gearing up for another strong earnings season and expectations are high,” by Bellwether Wealth Clark Bell’s reviews Bloomberg.

Korean chip maker SK Hynix will be listed on New York’s Nasdaq after the offering. In Ann, the price of a share deposit certificate was 149 dollars. The bid was oversubscribed many times over. On Wall Street, it is expected that after the offering, the price will rise in the stock market by about 17 percent, and the price will be higher than the quotation on the Seoul Stock Exchange. In practice, trading is expected to start a little later today, when the opening auction used in the listing has been completed.