((Translation automated by Reuters using automatic learning and generative AI, please refer to the following warning: https://bit.ly/rtrsauto)))))
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American stock market indices fall; The S&P 500 undergoes the highest drop ~ 0.4
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Basic consumer goods are the weakest sector in S&P; Energy is at the top of the gains
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Unemployment benefits in the United States have been reaching their highest level since June
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The stoxx 600 remains stable
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Increase in dollar and crude oil; Decrease in bitcoin> 1.5 %, drop in gold
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The yield of the US Treasury at 10 years increased by ~ 4.34%
August 21 – Welcome to the site of real -time coverage of the markets by the journalists of Reuters. You can tell us about your reflections to the address.
Wall Street collapses as the markets await the orientations of Jerome Powell from the Fed
The actions of Wall Street fell Thursday on a background of caution with the approach of the remarks of the president of the Federal Reserve Jerome Powell on Friday, investors are not some of the position of the highest official of the American central bank on the future monetary policy, in particular in the context of the recent weakness of the job market.
The Nasdaq Composite continued its fall for the third consecutive session, losing 2.4 %. This is the strongest loss over three days since April.
On the S&P 500, nine of the eleven sectors ended the day in the red, the basic consumer goods being those that have remote the most (1.2 %).
Walmart WMT.N distribution giant fell 4.6 % after missing quarterly profits and reported higher costs due to customs duties. However, it has increased its sales and profits for the tax year, thanks to high demand from consumers of all levels of income.
The fall in technological values at the start of the week has lost a little of its momentum, even if Nvidia NVDA.O, Meta
Meta.o, Amazon.com Amzn.o and Advanced Micro Devices AMD.O remained lower.
“The concerns about what will sweat tomorrow to Jackson Hole certainly weigh a little on the appetite for the risk with President Powell’s speech,” said Adam Turnquist, chief technical strategist at LPL Financial. “There could be a decent Seloff if we have a more hawkish event than expected.”
Before the Fed event in Jackson Hole, Wyoming, traders reduced the chances of a rate reduction in September to 74 %, against 92 % a week ago, according to Fedwatch of the CME.
Here is the snapshot of closing of the financial markets:
(Gertrude Chavez-Dreyfuss, Carolina Mandl)
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Earlier in live markets:
The president of the Fed, Jerome Powell, will speak, but is it really important? CLICK HERE
Foreign sellers make millions of profits on the recent drop in palantant click here
Customs prices are biting discreetly, but the pain spreads click here
Wall Street dives, prudence reigns before Powell’s speech click here
Why the Asian contents gain global audiences click here
Goldman bets big on the boom of the USDC; Does Tether lose his grip? CLICK HERE
Trump’s dovish bias effect click here
The problem of profits growth in Europe click here
Security in Switzerland Click here
Why is Wall St decreasing? It’s a rotation, baby click here
European actions are looking for a management before the meeting of central banks click here
The term contracts are mixed before the opening of Jackson Hole click here
The opening of Jackson Hole will be in the shadow of Trump click here