Wall Street weak. Focus on US employees

Wall Street weak Job Report strengthens expectations on the Fed

(Finance) – The US stock market closes with a decline Dow Jones which stands at the values ​​of the day before at 42,161 points, while, on the contrary, it yields to sales theS&P-500which retreats to 5,734 points. Slightly negative Nasdaq 100 (-0.17%); on the same trend, slightly decreasingS&P 100 (-0.02%).

Automotive stocks, Ford and GM, fell after the profit warning from Stellantis, Volkswagen and Aston Martin.

On the macroeconomic front, l‘ISM-Chicago announced that the PMI index relating to the activity of manufacturing companies stood at 46.6 points in September after the 46.1 points of August and the consensus. There Dallas Federal Reserve announced that the manufacturing activity index in Texas for the month of September stood at -9.0 points, an improvement compared to -9.7 points in August. Economists had expected -4.5 points. The September jobs report is expected this week.

All sectors slide on the American S&P 500 list. Among the most negative on the S&P 500 list, we find the sectors materials (-0.82%) e secondary consumer goods (-0.49%).

Between the protagonists of the Dow Jones, Apple (+1.56%), Home Depot (+1.25%), Wal-Mart (+0.78%) e Chevron (+0.59%).

The strongest sales, however, occur at Boeingwhich continues trading at -2.46%.

Under pressure Salesforcewhich suffered a decline of 2.10%.

It slides Intelwith a clear disadvantage of 2.07%.

Basically weak Dowwhich recorded a decline of 1.45%.

Between the best performers of the Nasdaq 100, Intuitive Surgical (+2.00%), GE Healthcare Technologies (+1.64%), Apple (+1.56%) e Cintas Corporation (+1.46%).

The worst performances, however, are recorded on Micron Technologywhich gets -4.07%.

In red ON Semiconductorwhich highlights a sharp decline of 3.15%.

The negative performance of Dollar Treewhich fell by 2.88%.

It moves below parity NXP Semiconductorshighlighting a decrease of 2.47%.

Among them macroeconomic variables of greatest importance in North American markets:

Monday 09/30/2024
3.45pm USA: Chicago PMI (expected 46.1 points; previously 46.1 points)

Tuesday 01/10/2024
3.45pm USA: Manufacturing PMI (expected 47 points; previously 47.9 points)
4pm USA: ISM manufacturing (expected 47.6 points; previously 47.2 points)

Wednesday 02/10/2024
2.15pm USA: ADP employed (expected 124K units; previously 99K units)

Thursday 03/10/2024
1.30pm USA: Challenger layoffs (previous 75.89K units).

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