Opening Bell out of tune for Wall Street

1703969869 Opening Bell out of tune for Wall Street

(Finance) – A slow start for the Wall Street stock exchange in the last session of a year that is about to end very positively. The gains are supported by an economy that remains strong, despite the restrictive policy of the Federal Reserveand analysts are now betting on decisive rate cuts in the first months of 2024. For insiders, there is a 70% possibility that the central bank will cut the cost of money by 25 basis points, as early as March.

On the macroeconomic front, the only data on the agenda is that of manufacturing activity in the Chicago area.

Among US indices, the Dow Jones reports a change of +0.04%; along the same line, theS&P-500, which continues the day at 4,787 points. On equality the Nasdaq 100 (+0.06%); with similar direction, without direction theS&P 100 (+0.06%).

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