(Finance) – A slow start for the Wall Street stock exchange, in one week full of data and profitswhich sees the bond market closed for Columbus day.
Meanwhile, investors are wondering about the timing of the next interest rate cut: expectations for a 50 basis point reduction in the cost of money by the Federal Reservein November, expectations were reduced after a series of data on the labor market, but bets on a 25 basis point cut remain.
Meanwhile, the Chinese government announced a series of measures over the weekend aimed at strengthening the real estate sector and boosting the economy.
It continues in the United States quarterly season following the first wave of earnings from big banks released this week, including JPMorgan Chase, Wells Fargo and BlackRock. Results from Bank Of America, Citigroup, Johnson & Johnson and Netflix are expected this week.
Among US indices, the Dow Jones shows a slight decline of 0.26%, while, on the contrary, a small leap forward for theS&P-500which reaches 5,830 points. Slightly positive Nasdaq 100 (+0.55%); with similar direction, in fractional progress theS&P 100 (+0.37%).