(Finance) – The New York Stock Exchange remains at parity, with the Dow Jones which stands at 39,240 points, while, on the contrary, theS&P-500 advances fractionally, reaching 5,225 points. Slightly positive Nasdaq 100 (+0.51%); with similar direction, in fractional progress theS&P 100 (+0.35%).
Investors anxiously awaited Fed Chairman Jerome Powell’s speech at Stanford University, where he reiterated that the US central bank decides its monetary policy on a meeting-by-meeting basis. The banker thus took his time on the rate cuts by stating that the data on the economy and inflation have not “materially changed” the picture, it is too early to say whether the recent inflation data is just a temporary jump or not. A clear message that the Fed is not in such a hurry to cut rates and needs more evidence of slowing prices before cutting them.
The sectors are in good evidence in the S&P 500 industrial goods (+0.76%), power (+0.75%) e materials (+0.66%). At the bottom of the ranking, significant declines are evident in the sector office consumableswhich reports a decline of -0.96%.
Among the best Blue Chips of the Dow Jones, Caterpillar (+2.31%), Amazon (+1.06%), Goldman Sachs (+1.04%) e IBM (+0.95%).
The strongest sales, however, occur at Intelwhich continues trading at -7.34%.
Negative session for Procter & Gamblewhich shows a loss of 2.33%.
Under pressure Walt Disneywhich suffered a decline of 1.60%.
It slides Johnson & Johnsonwith a clear disadvantage of 1.58%.
Between best performers of the Nasdaq 100, Micron Technology (+3.97%), Fortinet (+3.50%), Broadcom (+2.43%) e Netflix (+2.17%).
The worst performances, however, are recorded on Intelwhich gets -7.34%.
Negative session for Modernwhich drops by 4.61%.
In red Sirius XM Radiowhich highlights a sharp decline of 2.30%.
Disappointing Ross Storeswhich lies just below the levels of the day before.