(Finance) – Positive session on Wall Street, which benefits from the fact that Treasury yields fell for the second dayafter the leap in the previous days on the prospect of a less accommodating Federal Reserve given the continued strength of the US economy. It is above all women who benefit from it technological megacaps, which in fact push the Nasdaq higher.
On the macroeconomic front, the day is devoid of significant insights. Before the bell, it emerged that the orders for durable goods Americans fell less than expected in September. Attention is already turned to macroeconomic data next weekincluding a monthly payroll report, for new clues about the extent of the Federal Reserve’s interest rate cuts.
It remains the focus on quarterly reports. Among those who released the accounts before the bell, New York Community Bancorp reported a loss for the third quarter as it set aside more reserves to cover potential loan losses, AutoNation missed expectations amid ongoing fallout from a software outage this summer, Colgate-Palmolive improved guidance for 2024 after a growing third quarter.
Collapses Capri Holdings (Versace, Michael Kors and Jimmy Choo), after a US judge blocked the $8.5 billion merger with Tapestry.
Looking at the main Wall Street indicesThe Dow Jones which stands at the values of the day before at 42,304 points, while, on the contrary, theS&P-500 it makes a small leap forward of 0.51%, reaching 5,840 points. Good performance Nasdaq 100 (+1.31%); with a similar direction, risingS&P 100 (+0.73%).
They stand out in the S&P 500 i sectors informatics (+1.41%), telecommunications (+1.26%) e secondary consumer goods (+1.08%). At the bottom of the S&P 500 ranking, significant declines are evident in the sectors utilities (-0.85%) e financial (-0.79%).
Al top between giants of Wall Street, Intel (+3.69%), Amazon (+1.92%), Salesforce (+1.44%) e United Health (+1.33%).
The steepest declines, however, occur at McDonald’swhich continues the session with -2.58%. The negative performance of Travelers Companywhich falls by 1.79%. Goldman Sachs drops by 1.73%. Decline decided for Dowwhich marks -1.53%.
Between the protagonists of the Nasdaq 100, Globalfoundries (+5.52%), Intel (+3.69%), LamResearch (+3.55%) e Lululemon Athletica (+3.45%).
The steepest declines, however, occur at T-Mobile USwhich continues the session with -2.50%. It moves below parity Exelonhighlighting a decrease of 0.90%. Moderate contraction for Kraft Heinzwhich suffers a drop of 0.77%. Undertone American Electric Power Company which shows a reduction of 0.63%.