Weak Wall Street. Conflicting bank alarms and job data weigh heavily

Weak Wall Street Conflicting bank alarms and job data weigh

(Finance) – The US price continues the session just below parity, with Dow Jones which limits 0.48%, continuing the bearish trail of four consecutive declines, which started last Tuesday; along the same lines, theS&P-500 it lost 0.71%, continuing the session at 3,890 points. In fractional decline the NASDAQ 100 (-0.57%); as well, just below parity theS&P 100 (-0.43%).

The conflicting data on the labor market added to the US alarm on the banks today, difficult to understand in terms of possible evolutions of the Fed’s monetary policy.

Negative result on Wall Street for all sectors of the S&P 500. In the list, the sectors materials (-1.38%), financial (-0.99%) and informatics (-0.96%) are among the best sellers.

To the top between Wall Street giants, intel (+3.14%), JP Morgan (+2.43%), Travelers Company (+1.78%) and Amgen (+1.26%).

The strongest sales, on the other hand, show up Caterpillarwhich continues trading at -3.29%.

The negative performance of American Expresswhich drops by 2.78%.

Goldman Sachs drops by 2.61%.

Decided decline for Walt Disneywhich marks a -1.99%.

On the podium of the Nasdaq stocks, intel (+3.14%), Modern (+1.87%), Tesla Motors (+1.78%) and Dollar Tree (+1.68%).

The worst performances, however, are recorded on Atlassianwhich gets -4.45%.

Goes down Datadogwith a drop of 4.38%.

Under pressure zscaler,with a sharp drop of 3.38%.

He suffers light up,which shows a loss of 3.33%.

Between macroeconomic variables of greatest weight in the North American markets:

Friday 03/10/2023
2.30pm USA: Variation in employment (expected 205K units; previous 504K units)
2.30pm USA: Unemployment rate (expected 3.4%; previous 3.4%)

Tuesday 03/14/2023
1.30pm USA: Consumption prices, annual (previous 6.4%)
1.30pm USA: Consumption prices, monthly (previously 0.5%)

Wednesday 03/15/2023
1.30pm USA: Empire State Index (previously -5.8 points).

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