Positive Wall Street. Focus on the Federal Reserve

Positive Wall Street Focus on the Federal Reserve

(Finance) – The Wall Street stock market continues to rise sharply after the data on US inflation in November turned out to be lower than analysts’ estimates. These data raise hopes that the Federal Reserve will slow the pace of interest rate hikes.

Among US indices, the Dow Jones shows an increase of 0.32%; along the same lines, positive performance forS&P-500, which continues the day with an increase of 0.74% compared to the close of the previous session. Up the NASDAQ 100 (+1.04%); on the same trend, theS&P 100 (+0.73%).

Negative result on Wall Street for all sectors of the S&P 500.

At the top of the rankings American giants components of the Dow Jones, Chevrons (+2.26%), Salesforce, (+2.13%), Merck (+1.86%) and Goldman Sachs (+1.63%).

The worst performances, however, are recorded on Amgenwhich gets -1.27%.

Modest descent for United Healthwhich drops a small -1.15%.

Thoughtful McDonald’sa fractional decline of 0.57%.

On the podium of the Nasdaq stocks, Modern (+25.09%), document sign, (+6.92%), match groups, (+5.98%) and Meta Platforms (+4.62%).

The strongest declines, however, occur on Tesla Motorswhich continues the session with -3.07%.

Prey of sellers Fastenalwith a decrease of 2.79%.

They focus their sales on Lucid Group,which suffers a drop of 2.78%.

Sales on Copart,which records a drop of 2.44%.

Between macroeconomic variables of greatest weight in the North American markets:

Tuesday 12/13/2022
2.30pm USA: Consumption prices, annual (expected 7.3%; previous 7.7%)
2.30pm USA: Consumption prices, monthly (expected 0.3%; previous 0.4%)

Wednesday 12/14/2022
2.30pm USA: Export Prices, Monthly (exp. -0.4%; previous -0.3%)
2.30pm USA: Import prices, monthly (exp. -0.5%; previous -0.2%)
4.30pm USA: Oil inventories, weekly (exp -3.91 Mln barrels; prev -5.19 Mln barrels).

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