(Finance) – Wall Street continues the session on the rise, with the Dow Jones which advances to 39,675 points; along the same lines, positive performance for theS&P-500which continues the day with an increase of 1.46% compared to the closing of the previous session. Excellent performance of the Nasdaq 100 (+2.34%); on the same trend, a clear improvement inS&P 100 (+1.75%).
On the macroeconomic front, producer prices rose less than expected, reinforcing expectations of a rate cut by the Federal Reserve at its September meeting. Investors’ eyes are now on the inflation numbers due tomorrow, August 14.
Appreciable rise in the S&P 500 for the sectors informatics (+2.82%), secondary consumer goods (+2.28%) and telecommunications (+1.57%). At the bottom of the ranking, significant declines are evident in the sector energywhich reports a decrease of -1.05%.
Among the best Blue Chips of the Dow Jones, Nike (+5.40%), Intel (+4.83%), Microsoft (+1.95%) and Apple (+1.87%).
The worst performances, however, are recorded on Johnson & Johnsonwhich gets -1.28%.
He wavers Wal-Martwith a modest decrease of 1.22%.
Weak day for Chevronwhich marks a decrease of 0.66%.
Small loss for Walt Disneywhich trades at -0.53%.
Among the best performers of the Nasdaq 100, Starbucks (+20.59%), Marvell Technology (+6.19%), Nvidia (+5.58%) and Intel (+4.83%).
The strongest drops, however, occur on Illuminawhich continues the session with -5.93%.
Sales are concentrated on Diamondback Energywhich suffered a decline of 2.21%.
He wavers Dollar Treewhich gives up 1.45%.
Substantially weak Take-Two Interactive Softwarewhich recorded a decrease of 1.14%.
Among the data relevant macroeconomics on US markets:
Tuesday 08/13/2024
2.30pm USA: Production prices, annual (expected 2.3%; prev. 2.7%)
2.30pm USA: Production prices, monthly (expected 0.2%; prev. 0.2%)
Wednesday 08/14/2024
2.30pm USA: Consumer prices, annual (expected 3%; previous 3%)
2.30pm USA: Consumer prices, monthly (expected 0.2%; previous -0.1%)
4:30 PM USA: Oil inventories, weekly (expected -2 Mln barrels; prev. -3.73 Mln barrels).