Wall Street cautious, recession concern remains

Wall Street cautious recession concern remains

(Finance) – The Wall Street stock exchange is trading cautiously higher while concerns remain in the background for a possible recession in the United States, with consequences on world markets. The Federal Reserve Chairman, Jerome Powellhe told the House today that “a recession is not inevitable”.

Among the US indices, the Dow Jones file 0.36%, while, on the contrary, theS & P-500 (New York), which is positioned at 3,755 points, close to the previous levels. On the levels of the eve the Nasdaq 100 (+ 0.19%); along the same lines, consolidates the levels of the eve of theS&P 100 (-0.08%).

Positive result in the S&P 500 basket for sectors utilities (+ 1.71%), consumer goods for the office (+ 1.43%) e sanitary (+ 1.43%). In the lower part of the ranking of the S&P 500 basket, significant falls are manifested in the sectors power (-4.27%), materials (-2.12%) e financial (-1.79%).

To the top between giants of Wall Street, Merck (+ 2.73%), Procter & Gamble (+ 2.48%), Salesforce (+ 2.19%) e Verizon Communication (+ 2.02%).

The worst performances, on the other hand, are recorded on Caterpillarwhich gets -5.60%.

Letter on Boeingwhich records a significant decline of 4.65%.

Goes down Chevronwith a fall of 4.50%.

Collapses American Expresswith a decrease of 3.36%.

Between best performers of the Nasdaq 100, Datadog (+ 8.60%), Zscaler (+ 6.99%), Autodesk (+ 6.34%) e Okta (+ 5.79%).

The strongest sales, on the other hand, show up on AirBnbwhich continues trading at -5.85%.

Sales hands on Advanced Micro Deviceswhich suffers a decrease of 3.86%.

Bad performance for Booking Holdingswhich recorded a drop of 3.75%.

Black session for Marriott Internationalwhich leaves a loss of 3.66% on the table.

Between macroeconomic quantities most important of the US markets:

Thursday 23/06/2022
14:30 USA: Unemployment Claims, Weekly (Expected 227K Units; Previous 231K Units)
14:30 USA: Current items, quarterly (expected $ -273.5 billion; previously $ -224.8 billion)
15:45 USA: PMI services (expected 53.5 points; preceding 53.4 points)
15:45 USA: Composite PMI (preceding 53.6 points)
15:45 USA: Manufacturing PMI (expected 56 points; preceding 57 points).

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