(Finance) – Wall Street continues the session at the levels of the day before, reporting a variation of -0.12% on the Dow Jones; on the same line, colorless theS&P-500which continues the session at 5,243 points, at the same levels as the day before. On parity the Nasdaq 100 (-0.02%); as well as, without direction theS&P 100 (0%).
The market is back on the market after Monday’s sell-off, triggered by disappointing US data, as the possibility of a US recession and an emergency rate cut by the Fed seems to be fading.
On the macroeconomic front, today’s agenda is lacking in ideas, investors are focused on corporate earnings. Disney announced a better-than-expected quarterly result, while Super Micro Computer posted disappointing earnings. The same fate for Airbnb, which in addition to disappointing results also revealed weak guidance on full-year revenue.
Appreciable rise in the S&P 500 for the sectors power (+1.26%), utilities (+0.80%) and financial (+0.71%). In the list, the worst performances are those of the sectors health (-0.76%), secondary consumer goods (-0.63%) and materials (-0.42%).
Between protagonists of the Dow Jones, Apple (+2.08%), Goldman-Sachs (+1.91%), Salesforce (+1.81%) and Nike (+1.68%).
The strongest sales, however, are seen on Amgenwhich continues trading at -5.51%.
Under pressure Walt Disneywhich shows a decrease of 3.03%.
Slip Home Depotwith a clear disadvantage of 1.93%.
Thoughtful Wal-Martwith a fractional decline of 0.62%.
Between best performers of the Nasdaq 100, Fortinet (+25.93%), Illumina (+5.17%), Datadog (+3.30%) and Warner Bros.Discovery (+3.17%).
The strongest drops, however, occur on AirBnbwhich continues the session with -13.74%.
Negative session for DexComwhich falls by 5.74%.
Significant losses for Amgendown 5.51%.
In red Take-Two Interactive Softwarewhich shows a sharp decline of 2.40%.
Among the data relevant macroeconomics on US markets:
Wednesday 07/08/2024
4:30 PM USA: Oil inventories, weekly (expected -1.6 Mln barrels; prev. -3.44 Mln barrels)
Thursday 08/08/2024
2.30pm USA: Unemployment claims, weekly (expected 245K; prev. 249K)
4:00 pm USA: Wholesale inventories, monthly (expected 0.2%; prev. 0.6%)
Tuesday 08/13/2024
2.30pm USA: Production prices, annual (previous 2.6%)
2.30pm USA: Production prices, monthly (previous 0.2%).