According to preliminary data from the University of Michigan, the consumer sentiment it is estimated to have decreased to 67.4 points compared to 77.2 points in April and lower than the expectations of analysts who expected a level down to 76 points.
On the monetary policy front, Lorie Logan (Dallas Fed) stated that “it is simply too early to think about cutting rates,” while Michelle Bowman (Board of Governors of the Fed) said: “I, at this point, have not written any cuts” for 2024. Yesterday the president of the San Francisco Fed, Mary Dalysaid there is “considerable” uncertainty about where inflation will go in the coming months.
On the corporate front, it’s flying Novavaxafter the vaccine maker removed doubts about its ability to stay in business and signed a licensing agreement worth 1.2 billion of dollars with Sanofi for COVID-19 vaccines.
Looking at the main indices of Wall Street, the Dow Jones advances to 39,488 points, while, on the contrary, theS&P-500, with prices positioned at 5,216 points. On equality the Nasdaq 100 (+0.1%); on the same trend, without direction theS&P 100 (-0.04%).
In the S&P 500, performance was good compartments office consumables (+0.41%) e financial (+0.41%). Among the most negative on the S&P 500 list, we find the sectors secondary consumer goods (-0.75%), power (-0.60%) e telecommunications (-0.55%).
To the top between giants of Wall Street, McDonald’s (+2.45%), 3M (+1.72%), Caterpillar (+0.89%) e American Express (+0.83%).
The worst performances, however, are recorded on Nike, which gets -2.07%. Modest descent for Boeing, which drops a small -1.36%. Thoughtful Amazon, with a fractional decline of 1.19%. He hesitates Applewith a modest decline of 0.99%.
Between best performers of the Nasdaq 100, Charter Communications (+4.52%), Datadog (+2.91%), Broadcom (+2.09%) e Comcast Corporation (+1.87%).
The strongest sales, however, occur at Modern, which continues trading at -3.63%. Sales up Tesla Motors, which recorded a decline of 2.14%. Negative session for Paypal, which shows a loss of 1.80%. Under pressure ON Semiconductorwhich suffered a decline of 1.75%.
(Teleborsa) 10-05-2024 18:46
