(Finance) – On Wall Street, the Dow Jones is decreasing (-0.83%) and stands at 40,024 points; along the same lines, deep red for theS&P-500which falls back to 5,456 points, a sharp decline of 1.79%. The Nasdaq 100 (-3.03%) weighed down by the accounts of big tech, Tesla and Alphabet, considered disappointing by investors. Sharp decline inS&P 100 (-2.23%).
Industry insiders are also looking at the macroeconomic data expected in the coming days, in particular the GDP of the second quarter andPCE inflation of June. The latter will serve the Federal Reserve to decide the next moves on interest rates; investors are now convinced that the American central bank will cut rates by September.
Utilities (+1.43%) and health (+0.72%) in good light on the S&P 500 list. Among the worst in the S&P 500 basket list, the sectors with the greatest decline informatics (-3.54%), telecommunications (-3.32%) and secondary consumer goods (-3.13%).
Between protagonists of the Dow Jones, Johnson & Johnson (+2.32%), Verizon Communication (+2.01%), Merck (+1.24%) and Cisco Systems (+1.07%).
The strongest drops, however, occur on Visawhich continues the session with -3.83%.
Slip Microsoftwith a clear disadvantage of 3.30%.
In red Applewhich shows a sharp decline of 3.07%.
The negative performance of stands out Intelwhich falls by 2.85%.
To the top between Wall Street tech giantsthey position themselves CoStar (+7.14%), SiriusXMRadio (+6.32%), Gilead Sciences (+2.81%) and Old Dominion Freight Line (+2.32%).
The strongest drops, however, occur on Trade Deskwhich continues the session with -10.26%.
Black session for Tesla Motorswhich leaves a loss of 10.17% on the table.
At a loss Roper Technologieswhich falls by 8.82%.
Heavy Constellation Energywhich marks a drop of -7.26 percentage points.
Among the data relevant macroeconomics on US markets:
Wednesday 24/07/2024
2.30pm USA: Wholesale inventories, monthly (expected 0.4%; prev. 0.6%)
3.45pm USA: Manufacturing PMI (expected 51.7 points; previous 51.6 points)
3.45pm USA: Composite PMI (previous 54.8 points)
3.45pm USA: PMI services (expected 54.7 points; previous 55.3 points)
4:00 pm USA: New home sales, monthly (previous -14.9%).