Wall Street is up sharply. Banks are positive

Wall Street is up sharply Banks are positive

(Finance) – Strong earnings day for Wall Streetwith the Dow Jones up by 1.85%, breaking the negative streak that began last Friday; along the same line, theS & P-500, which continues trading at 3,852 points. Good performance of the Nasdaq 100 (+ 1.37%); on the same line, high on theS&P 100 (+ 1.56%). Investors who they have to evaluate a number of macroeconomic data (although not of primary importance) e the second quarter results of the financial sector (which as usual open the quarterly season).

The retail sales increased beyond expectations in June 2022, while both the industrial production which manufactured in the same month. Let i import prices that the export prices they increased at a lower rate than the previous month. On the other hand, the New York Empire State manufacturing index rose beyond expectations. Stocks and industry sales increased in May. The consumer confidence Americans in July.

BlackRock has reported profits down 30% in the second quarter and large outflows from actively managed funds. Wells Fargo has registered quarterly profits down 48% and allocated funds for bad loans. Citigroup has beat expectations market and benefited from an environment of rising interest rates.

Fly Pinterestafter the Wall Street Journal wrote that the activist investor Elliott Management acquired a stake of over 9% in the social media society.

James Bullardchairman of the Federal Reserve Bank of St. Louis, said the further acceleration of US inflation justifies a stronger-than-expected interest rate hike by the Fed.

Noticeable upside in the S&P 500 for i compartments financial (+ 3.12%), sanitary (+ 2.33%) e secondary consumer goods (+ 1.95%).

Between protagonists of the Dow Jones, United Health (+ 5.29%), Goldman Sachs (+ 4.21%), JP Morgan (+ 3.98%) e American Express (+ 3.77%).

The worst performances, on the other hand, are recorded on Procter & Gamblewhich gets -0.56%.

To the top between tech giants of Wall Streetthey position themselves Netflix (+ 6.43%), Illuminate (+ 5.52%), Splunk (+ 4.96%) e Mercadolibre (+ 4.73%).

The worst performances, on the other hand, are recorded on Constellation Energywhich gets -4.95%.

Thud of Lucidwhich shows a 3.13% drop.

Letter on JD.comwhich records a significant decrease of 2.33%.

Goes down Baiduwith a fall of 2.26%.

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