Wall Street cautious. The earning season is underway

Wall Street opens positive after inflation data

(Finance) – The session began under the banner of caution for the Wall Street stock exchange, while the new season of quarterly reports began, with the BlackRock which reported record revenues in the third quarter and JP Morgan which reported results above expectations.

Meanwhile, investors are hoping that Beijing will announce new fiscal stimulus to the Chinese economy over the weekend.

On the macro front, the latest data showed inflation and jobless claims both slightly higher than expected. Thus, investors remain convinced that the Fed will cut rates again, but only by a quarter of a point.

Among US indices, fractional gain on Dow Jones of 0.45%, while, on the contrary, theS&P-500with prices positioned at 5,790 points. In fractional decline the Nasdaq 100 (-0.36%); without directionS&P 100 (-0.02%).

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