Opening Bell out of tune for Wall Street

Opening Bell out of tune for Wall Street

(Finance) – Weak start for the Wall Street stock market with the indices set to end the president’s first week in office on the rise Donald Trump. The new occupant of the White House has made it known that he will ask interest rates lower and will invite Saudi Arabia to reduce oil prices. Even the Tycoon’s words spoken to the World Economic Forumfrom Davos, appear to downplay the threat of US tariffs on imports from China.

On the macroeconomic front, there is anticipation for the first reading of Manufacturing and services PMIof December, as well as for housing data.

On the first findings, the Dow Jones the session continues at the levels of the day before at 44,486 points; on the same line, colorless theS&P-500which continues the session at 6,121 points, on the previous day’s levels. Consolidates the levels of the day before Nasdaq 100 (-0.06%); as well as, on equality theS&P 100 (+0.13%).

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