Weak Wall Street. Fed leaves rates unchanged

Weak Wall Street Fed leaves rates unchanged

(Finance) – Minus sign for the US price list, in a session characterized by large sales, with the Dow Jones which shows a drop of 0.84%; along the same lines, theS&P-500 it has a depressed trend and trades below the previous levels at 4,355 points. Slightly down the NASDAQ 100 (-0.25%); with similar direction, fractionally decreasing theS&P 100 (-0.29%).

The Fed takes a break and leaves interest rates unchanged for the first time in 15 months. After ten consecutive hikes, the central bank maintains the cost of money remains stable in a range between 5% and 5.25%. Analysts are waiting to know the decisions of the ECB tomorrow.

Negative performance in the States on all sub-funds of the S&P 500. At the bottom of the classification, the biggest declines occur in the sub-funds power (-1.47%), sanitary (-1.19%) and secondary consumer goods (-0.68%).

To the top between Wall Street giants, Nike (+5.63%), intel (+1.92%), Verizon Communication (+1.09%) and Wal-Mart (+1.09%).

The worst performances, however, are recorded on United Healthwhich gets -7.24%.

Disappointing boeingwhich lies just below the levels of the eve.

Slack Walt Disneywhich shows a small decrease of 0.72%.

Modest descent for Chevronswhich drops a small -0.69%.

To the top between Wall Street tech giantsthey position themselves Old Dominion Freight Line (+2.90%), Lululemon Athletica (+2.43%), Nvidia (+2.21%) and Intuitive Surgical (+2.00%).

The strongest sales, on the other hand, show up biogenwhich continues trading at -2.18%.

Slide Diamondback Energywith a clear disadvantage of 2.18%.

In red Rivian Automotivewhich shows a marked decrease of 1.79%.

The negative performance of Marvell Technologywhich drops by 1.66%.

Between macroeconomic quantities most important of the US markets:

Wednesday 06/14/2023
2.30pm USA: Production prices, monthly (exp. -0.1%; previous 0.2%)
2.30pm USA: Production prices, annual (expected 1.5%; previous 2.3%)
4.30pm USA: Oil Inventories, Weekly (Exp -510K barrels; Previous -451K barrels)

Thursday 06/15/2023
2.30pm USA: Export prices, monthly (exp. 0%; prev. 0.2%)
2.30pm USA: PhillyFed (expected -13.5 points; prev. -10.4 points).

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