(Finance) – Wall Street starts trading moderately higherfollowing a series of surprising macroeconomic data, which confirm the strength of the US economy. The market is still trying to interpret the data, especially what 4th quarter GDP grew by 3.3% versus the expected 2%. from the market.
A growth that could convince the Fed to extend as much as possible first interest rate cuta prospect feared by operators.
At the same time, give them quarterly publications of American companies conflicting numbers arrived: those of Teslawhich suffers the impact of competition, those of are very good IBM, which surprised analysts’ expectations. Many other results are on the agenda after the stock exchange.
At the moment the Dow Jones rises by 0.23% to 37,892 points; moves along the same lineS&P-500, which rises to 4,887 points. Just above parity the Nasdaq 100 (+0.44%); along the same lines, fractional gains for theS&P 100 (+0.29%).
Sectors are distinguished in the S&P 500 basket telecommunications (+1.10%), utilities (+1.07%) e informatics (+0.98%). At the bottom of the ranking, the greatest declines occur in the sectors secondary consumer goods (-1.08%) e healthcare (-0.54%).
At the top of the rankings American giants components of the Dow Jones, IBM (+8.19%), 3M (+1.71%), Dow (+1.71%) e Caterpillar (+1.54%).
The worst is United Healthwhich marks -4.52%.
Collapses Boeingwith a decline of 4.28%.