(Finance) – Slightly lower session on Wall Streetwith investors analyzing macroeconomic data and central banker statements for clues on possibility of a new cut in interest rates by the Fed next month. It’s important to “continue to pay attention to both sides of our mandate,” said Adriana Kugler, who serves on the Federal Reserve’s Board of Governors.
Before the bell it emerged that the index of producer prices rose slightly more than expected in October. Furthermore, the questions of unemployment benefits Americans fell to their lowest level since May last week.
On the political front, US media gave control of the House of Representatives to Republicans (counting in some states continued by slim margins between challengers), albeit by a slim margin. There victory of the Republicans in the White House and in Congress gives President Donald Trump significant power to implement his agenda.
As for the quarterly, Disney reported better-than-expected revenue and earnings in the fourth quarter, boosted in particular by strong streaming performance.
On the front ofBUT, Tapestry And Capri they canceled their merger after the deal was blocked by the Federal Trade Commission. General Mills has entered into an agreement to acquire Whitebridge Pet Brands’ North American cat food and pet treat business in a transaction valued at $1.45 billion.
Looking at the main indices of the US price list, the Dow Jones it drops to 43,846 points, with a percentage difference of 0.25%; along the same lines, with a slight decrease inS&P-500which continues the day below par at 5,966 points. Just below par Nasdaq 100 (-0.33%); on the same line, under parity theS&P 100which shows a decline of 0.23%.
Among the most negative on the S&P 500 list, we find i compartments industrial goods (-1.49%), secondary consumer goods (-0.87%) e telecommunications (-0.83%).
Al top between giants of Wall Street, Walt Disney (+6.94%), Chevron (+1.11%), 3M (+0.90%) e Apple (+0.84%).
The steepest declines, however, occur at Cisco Systemswhich continues the session with -2.54%. Salesforce drops by 2.25%. Decline decided for IBMwhich marks -1.81%. Under pressure Boeingwith a sharp decline of 1.68%.
Between the protagonists of the Nasdaq 100, ASML Holding (+4.89%), DexCom (+3.61%), Datadog (+3.43%) e Sirius XM Radio (+3.15%).
The worst performances, however, are recorded on Tesla Motorswhich gets -3.38%. He suffers Fortinetwhich highlights a loss of 3.18%. Prey for sellers MercadoLibrewith a decrease of 3.17%. They focus on sales Charter Communicationswhich suffers a decline of 2.89%.