(Finance) – Wall Street is moving higherwith investors continuing to consider whether i signs of a cooling of inflation (with data on consumer prices and producer prices released in recent days) will allow the Federal Reserve to move towards less aggressive interest rate increases. Goldman Sachs claimed that the US economy “is going through a healthy deceleration, not a recession“, while Bank of America noted that the investors are returning to buy stocks and bonds, with global equity funds raising $ 7.1 billion in the week through August 10.
On the macroeconomic front, they fell beyond expectations i import-export prices USA in July 2022, according to the American Bureau of Labor Statistics. The consumer confidence Americans in August 2022, according to preliminary data from the University of Michigan.
Among those who disseminated the quarterly between last night and this morning, Rivian reported that the net loss for the second quarter of 2022 was $ 1,712 million, while it continues to increase production. Illuminate revised 2022 guidance downwards after a disappointing quarterly report.
Five of the largest Chinese state-owned companiesin a move not explicitly coordinated but implemented simultaneously, they announced their intention to withdraw their shares from US stock exchanges.
On Wall Street, the Dow Jones continues the day with an increase of 0.81%, to 33,606 points, continuing the series of three consecutive rises, which started last Wednesday; on the same line, day of earnings for theS & P-500, which continues the day at 4,251 points. On the rise the Nasdaq 100 (+ 1.28%); on the same trend, theS&P 100 (+ 1.02%).
In the S&P 500, the performance of the compartments materials (+ 1.35%), informatics (+ 1.34%) e telecommunications (+ 1.20%).
Between protagonists of the Dow Jones, Walt Disney (+ 2.07%), United Health (+ 1.86%), Merck (+ 1.77%) e Walgreens Boots Alliance (+ 1.52%).
The worst performances, on the other hand, are recorded on Chevronwhich gets -0.62%.
Between best performers of the Nasdaq 100, Workday (+ 5.31%), Applied Materials (+ 4.95%), Micron Technology (+ 4.12%) e Lam Research (+ 3.67%).
The worst performances, on the other hand, are recorded on Illuminatewhich gets -9.19%.
Small loss for Pinduoduo Inc Spon Each Repwhich trades with a -0.99%.
He hesitates Old Dominion Freight Linewhich yields 0.81%.
Basically weak Kraft Heinzwhich recorded a decline of 0.74%.
Among macroeconomic appointments which will have the greatest influence on the performance of the US markets:
Friday 12/08/2022
14:30 USA: Import prices, monthly (expected -1%; previous 0.3%)
14:30 USA: Export prices, monthly (expected -1.1%; previous 0.7%)
4:00 pm USA: University of Michigan Consumer Confidence (expected 52.5 points; preceded 51.5 points)
Monday 15/08/2022
14:30 USA: Empire State Index (preceding 11.1 points)
Tuesday 16/08/2022
14:30 USA: Building permits (previous 1.69 million units).