Wall Street showed little movement on the day of the three witches, keeping an eye on macro data

Wall Street weak after Powell taking time on rates

(Finance) – Uneventful session for Wall Streetafter the rally in technology and chip stocks has run its course, with investors continuing to turn their attention to macroeconomic data to obtain indications on the health of the world’s largest economy and on the path of monetary policy.

TO June there growth of economic activity in the United States reached its fastest level in 26 months, signaling a strong end to the second quarter, S&P Global PMI survey data showed. The services sector has led the recovery with further support from the manufacturing sector, although the latter’s recent recovery has lost some momentum.

Also affecting the stock market’s lack of direction is the expiry of quarterly derivative contracts linked to stocks, index options and futures, a day also known as “triple witching“.

Looking at the main indicesWall Street reports a change of +0.05% on Dow Jones; on the same line, colorless theS&P-500, which continues the session at 5,467 points, on the previous day’s levels. Consolidates the levels of the day before Nasdaq 100 (-0.15%); on the same trend, on parity theS&P 100 (-0.1%).

They stand out in the S&P 500 i sectors telecommunications (+0.68%) e secondary consumer goods (+0.43%). At the bottom of the ranking, the greatest declines occur in the sectors financial (-0.47%) e informatics (-0.45%).

Between protagonists of the Dow Jones, McDonald’s (+1.98%), Cisco Systems (+1.64%), Intel (+1.60%) e Nike (+1.36%).

The strongest sales, however, occur at JP Morgan, which continues trading at -1.60%. He hesitates IBM, with a modest decline of 1.25%. Slow day for Goldman Sachs, which marks a decline of 1.12%. Small loss for Travelers Companywhich trades at -0.96%.

Between best performers of the Nasdaq 100, Sirius XM Radio (+3.45%), Microchip Technology (+2.52%), Alphabet (+2.48%) e Palo Alto Networks (+2.40%).

The worst performances, however, are recorded on Micron Technology, which gets -2.40%. Under pressure Broadcom, with a sharp decline of 2.36%. He suffers CrowdStrike Holdings, which highlights a loss of 2.22%. Prey for sellers Nvidiawith a decrease of 1.99%.

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