(Finance) – The Wall Street stock market crossed the mid-session mark in positive territory, with investors interpreting the slowdown in the US labor market as an indication that the Federal Reserve may be able to start cutting interest rates as early as September.
On the corporate front, Apple reported a better-than-expected first quarter and announced the largest stock buyback in US history.
Among US indices, the Dow Jones it is up by 1.16%, continuing the series of three consecutive increases that began last Wednesday; along the same lines, positive performance for theS&P-500, which continues the day with an increase of 1.20% compared to the close of the previous session. Rev up the Nasdaq 100 (+1.93%); with the same direction, positiveS&P 100 (+1.41%).
Appreciable increase in the S&P 500 for the sectors informatics (+3.09%), materials (+0.99%) e secondary consumer goods (+0.76%).
At the top of the rankings American giants components of the Dow Jones, Amgen (+12.90%), Apple (+6.52%), Microsoft (+2.08%) e Home Depot (+1.63%).
The strongest sales, however, occur at Chevronwhich continues trading at -1.62%.
Thoughtful McDonald’swith a fractional decline of 1.08%.
He hesitates Johnson & Johnsonwith a modest decline of 0.83%.
Slow day for American Expresswhich marks a decline of 0.76%.
To the top between Wall Street tech giantsthey position themselves Amgen (+12.90%), MercadoLibre (+9.55%), Apple (+6.52%) e Constellation Energy (+5.39%).
The strongest sales, however, occur at Fortinetwhich continues trading at -8.63%.
Prey for sellers Illuminatewith a decrease of 2.71%.
They focus on sales Paypalwhich suffers a decline of 2.63%.
Sales up Modernwhich recorded a decline of 2.07%.