Wall Street cautious awaiting Federal Reserve

Wall Street on standby on the eve of inflation

(Finance) – On Wall Street, the Dow Jones it is substantially stable and stands at 44,073 points; along the same lines, a day without infamy and without praise for theS&P-500which remains at 6,077 points. Slightly negative Nasdaq 100 (-0.24%); without directionS&P 100 (-0.17%).

Inflation data in November rose to the highest since April, producer prices showed growth more than estimates, again in November. The numbers on unemployment benefits were also higher than forecast. Important statistics ahead of the Federal Reserve meeting scheduled for December 18: the market is betting that the American central bank will reduce the cost of money by 25 basis points.

On the other side of the ocean, the ECB cut the cost of money by 25 basis points, as expected by analysts. A surprise move, however, by the Swiss bank to support the economy, with a cut higher than expected.

In the S&P 500, the sector performed well office consumables. At the bottom of the S&P 500 ranking, significant declines are seen in the sectors healthcare (-0.57%) e materials (-0.45%).

Among the best Blue Chips of the Dow Jones, Intel (+2.46%), Coca Cola (+1.45%), IBM (+1.32%) e Microsoft (+1.20%).

The steepest declines, however, occur at United Healthwhich continues the session with -1.84%.

Home Depot drops by 1.53%.

Decline decided for Caterpillarwhich marks -1.51%.

Lame Chevronwhich shows a small decrease of 0.84%.

Between the protagonists of the Nasdaq 100, Warner Bros Discovery (+16.36%), Constellation Energy (+3.36%), Intel (+2.46%) e Charter Communications (+1.85%).

The strongest sales, however, occur at Adobe Systemswhich continues trading at -12.94%.

Under pressure Micron Technologywith a sharp decline of 3.55%.

He suffers LamResearchwhich highlights a loss of 3.20%.

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