Wall Street continues in small steps while waiting for Fed Minutes

Wall Street weak after Powell taking time on rates

(Finance) – After a small acceleration in the afternoon, Wall Street remains cautious at mid-sessionin view of the publication of the Fed MinutesThe minutes of the latest monetary policy meeting of the US central bank, in fact, could offer some comfort to operators, looking for confirmation on the possibility of one or more rate cuts this year.

Meanwhile, the review of the pay slip datareleased in the afternoon, confirmed a sharp downward revision and therefore a worsening US labor market. A positive element that confirms the possibility of a cut in September.

The Dow Jones stands at the same values ​​as yesterday at 40,861 points, while theS&P-500 proceeds in small steps reaching 5,613 points. Fractional gains for the Nasdaq 100 (+0.32%); consolidates the levels of the previous dayS&P 100 (+0.14%).

In the S&P 500, the sectors performed well secondary consumer goods (+1.01%), utilities (+0.91%) and materials (+0.89%).

Among the best Blue Chips of the Dow Jones, 3M (+1.53%), McDonald’s (+1.24%), Intel (+1.19%) and Home Depot (+0.78%).

The strongest sales, however, are seen on American Expresswhich continues trading at -3.41%.

Small loss for Salesforcewhich is trading at -0.6%.

Among the best performers of the Nasdaq 100, Ross Stores (+4.61%), Constellation Energy (+3.20%), Take-Two Interactive Software (+2.99%) and Texas Instruments (+2.94%).

The worst performances, however, are recorded on Palo Alto Networkswhich gets -2.04%.

Negative session for Walgreens Boots Alliancewhich shows a loss of 1.46%.

He wavers Warner Bros.Discoverywhich gives up 1.35%.

Substantially weak Illuminawhich recorded a decrease of 1.14%.

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