(Finance) – Strong earnings day for Wall Street after starting lowerwith the Dow Jones up 1.74%; on the same line, it moves with the wind at its backS&P-500which reaches 5,967 points. Effervescent the Nasdaq 100 (+1.76%); on the same trend, the performance of theS&P 100 (+1.65%).
Lower-than-expected inflation data released before the bell has led investors to raise bets on rate cuts for 2025even though central bank officials said at the last Fed meeting that they expect only two next year.
Data from the Commerce Department showed that thePCE indexthe Federal Reserve’s preferred measure of inflation, rose 2.4% in November on a year-over-year basis, below market estimates of 2.5%; the core measure recorded +2.8%, below expectations for 2.9%.
In the S&P 500, performance was good compartments healthcare (+1.99%), financial (+1.97%) e informatics (+1.95%).
Among the best Blue Chips of the Dow Jones, Goldman Sachs (+2.77%), Salesforce (+2.62%), Dow (+2.57%) e Caterpillar (+2.47%).
The strongest sales, however, occur at Nikewhich continues trading at -1.13%.
Between the best performers of the Nasdaq 100, Sirius XM Radio (+9.43%), DexCom (+7.35%), Marvell Technology (+4.50%) e Broadcom (+4.46%).
The worst performances, however, are recorded on Old Dominion Freight Linewhich gets -2.86%. He hesitates Vertex Pharmaceuticalswith a modest decline of 0.93%. Slow day for PDD Holdingswhich marks a decline of 0.92%.