Wall Street remains at stake. There is expectation for inflation

Wall Street remains at stake There is expectation for inflation

(Finance) – Wall Street shares continued to fall after disappointing Chinese trade data rekindled fears about global demand. The expectation among investors is rising for the data on US inflation, scheduled for tomorrow, Wednesday 9 May.

Among US indices, the Dow Jones stands at 33,570 points, while, on the contrary, theS&P-500, which continues the day below parity at 4,123 points. Slightly down the NASDAQ 100 (-0.51%); as well, in fractional decline theS&P 100 (-0.38%).

In the S&P 500, no fund is saved. In the price list, the sectors materials (-0.80%), informatics (-0.64%) and sanitary (-0.47%) are among the best sellers.

Among the best Blue Chips of the Dow Jones, Salesforce, (+2.29%), boeing (+1.29%) and Travelers Company (+0.80%).

The strongest declines, however, occur on intelwhich continues the session with -1.74%.

Under pressure 3Mwith a sharp drop of 1.67%.

He hesitates Nikewith a modest drop of 1.47%.

Slow day for Walgreens Boots Alliancewhich marks a decrease of 1.10%.

On the podium of the Nasdaq stocks, Zscaler (+2.61%), Palo Alto Networks (+2.48%), Datadog (+2.34%) and AirBnb (+2.28%).

The strongest sales, on the other hand, show up PayPalwhich continues trading at -11.81%.

It collapses Lucid Group,with a decrease of 6.31%.

Hands-on sales global foundrieswhich suffers a decrease of 6.29%.

Bad performance for Sirius XM Radiowhich records a drop of 4.58%.

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

Wednesday 10/05/2023
2.30pm USA: Consumption prices, yearly (expected 5%; previous 5%)
2.30pm USA: Consumption prices, monthly (expected 0.4%; previous 0.1%)
4.30pm USA: Oil inventories, weekly (exp -1.1 Mln barrels; prev -1.28 Mln barrels)

Thursday 11/05/2023
2.30pm USA: Production prices, yearly (expected 2.5%; previous 2.7%)
2.30pm USA: Initial Jobless Claims, Weekly (Expected 245K; Previously 242K).

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