(Finance) – Wall Street was substantially stable, continuing the session at the levels seen on the previous day, with Dow Jones which stops at 33,507 points; on the same line, colorless theS&P-500, which continues the session at 4,273 points, on the previous day’s levels. Just below parity the NASDAQ 100 (-0.28%); almost unchanged theS&P 100 (-0.11%).
Investor focus is on central banks after ECB President Christine Lagarde stressed there were no clear signs that inflation has peaked. On the Fed front, on the other hand, the weak macroeconomic data on services, published in the USA, lead us to bet on a pause in the US rate hike cycle. Meanwhile, in Australia the central bank surprised the market by raising rates by 25 basis points and signaling further increases in the future.
The sectors are distinguished in the S&P 500 basket financial (+1.15%), telecommunications (+0.72%) and secondary consumer goods (+0.67%). At the bottom of the ranking, the biggest declines occur in the sub-funds sanitary (-1.08%), office consumables (-0.82%) and informatics (-0.56%).
Among the best Blue Chips of the Dow Jones, intel (+3.90%), American Express (+2.77%), Caterpillar (+1.91%) and Dow (+1.70%).
The strongest sales, on the other hand, show up United Healthwhich continues trading at -2.85%.
Prey of sellers Merckwith a decrease of 2.51%.
They focus their sales on McDonald’swhich suffers a drop of 1.90%.
Undertone Procter & Gamble showing a filing of 1.45%.
Between protagonists of the Nasdaq 100, PDD Holdings (+6.69%), intel (+3.90%), Advanced Micro Devices (+3.89%) and Sirius XM Radio (+3.33%).
The strongest declines, however, occur on Fortinetwhich continues the session with -3.26%.
Sales on MercadoLibrewhich records a drop of 3.24%.
Bad sitting for Illuminatewhich shows a loss of 3.20%.
Under pressure T-Mobile USwhich shows a drop of 3.20%.
Among the data relevant macroeconomics on US markets:
Wednesday 07/06/2023
2.30pm USA: Trade balance (exp. -63.3B $; prev. -64.2B $)
4.30pm USA: Oil Inventories, Weekly (previously 4.49 Mln barrels)
Thursday 08/06/2023
2.30pm USA: Initial Jobless Claims, Weekly (Expected 238K; Previously 232K)
4:00 pm USA: Inventories wholesale, monthly (exp. -0.2%; previous 0%).