(Finance) – Le US stocks reversed previous gains And they settled on parity after negotiators paused talks to reach an agreement on raising the US debt ceiling. In the United States today the macroeconomic calendar is lacking in relevant indicators, and traders are weighing Federal Reserve Chairman Jerome Powell’s words. “The risks of doing too much or too little are becoming more balanced and our policy has adapted to reflect this,” Powell said. We have not made any decisions on the extent to which further policy consolidation will be appropriate”.
The president of the Federal Reserve Bank of New York, John Williamssaid there is no evidence that the Covid-19 pandemic has ended the era of very low interest rates. Michelle Bowmanwho sits on the Fed’s Board of Governors, said the banking system is strong and resilient.
On the front of quarterly, Foot Locker revised down its full-year guidance after a disappointing quarter, Deere raised its annual profit estimates due to favorable market conditions, Catalent it cut its guidance for the year and announced that it received a delisting notice from the NYSE.
Between more news leave before the bell, the CEO of Morgan StanleyJames Gorman told shareholders the company will likely appoint its next chief executive officer in the next 12 months.
Caution prevails on Wall Streetwith the Dow Jones which continues the session with a slight drop of 0.25%, while, on the contrary, a day without infamy and without praise for theS&P-500, which remains at 4,192 points. Slightly negative the NASDAQ 100 (-0.27%); without direction theS&P 100 (-0.13%).
Featured prominently in the S&P 500 i compartments power (+1.07%) and sanitary (+0.55%). In the price list, the sectors secondary consumer goods (-0.89%) and financial (-0.45%) are among the best sellers.
Among the best Blue Chips of the Dow Jones, cisco systems (+2.15%), Merck (+1.36%), IBM (+1.06%) and Chevrons (+0.77%).
The strongest sales, on the other hand, show up Nikewhich continues trading at -3.64%.
Walt Disney drops by 2.02%.
Small loss for Home Depotwhich trades with -1.4%.
He hesitates Salesforcewhich drops 1.17%.
Between protagonists of the Nasdaq 100, cisco systems (+2.15%), CrowdStrike Holdings (+2.14%), Adobe Systems (+1.72%) and Regeneron Pharmaceuticals (+1.70%).
The strongest declines, however, occur on AirBnbwhich continues the session with -3.62%.
Decided decline for Datadogwhich marks a -3.59%.
Under pressure Lululemon Athleticawith a sharp drop of 3.36%.
He suffers JD.comwhich shows a loss of 2.39%.