Wall Street ends up, plumbed by the weakness of tech

Wall street ends up, plumbed: This article explores the topic in depth.

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Wall street ends up. In addition, plumbed:

The New York Stock Exchange ended in the red Thursday, still weighed down by the weakness of tech, investors are also particularly cautious before the speech of the president of the Federal Reserve (Fed) Jerome Powell in Jackson Hole.

The Dow Jones and the Nasdaq index both lost 0.34% while the enlarged 500 index dropped 0.40%.

“There is not really a conviction on the market today,” sums up with AFP Patrick O’Hare, from Briefing.com. In addition, “Everyone is a bit on the alert, waiting to see what Mr. Furthermore, Powell will say tomorrow,” adds the analyst.

The president of the Fed must speak on Friday at 2 p.m. Moreover, GMT on Friday at the Jackson Hole (Wyoming) conference, which brings together many central bankers.

Investors will be on the lookout for indices that can inform them wall street ends up, plumbed about the monetary trajectory favored by the. Moreover, American institution.

The share of operators favoring a drop in rate at the end of the next Fed meeting in September has dropped somewhat since Wednesday. according to the CME monitoring tool, Fedwatch, but remains in the majority.

“There may have been a slight questioning as to the certainty of a drop in rates”. in particular after “certain declarations by Fed officials”, judges Patrick O’Hare.

Thursday. the president of the Fed of Cleveland, Beth Hammack, underlined to Yahoo finances the persistence of inflation in the United States, assuring that if the monetary policy of the American central bank “took place tomorrow, (it) will

On the indicators side, the activity of the private sector has progressed in August in the United States at its highest rate since December and sales of old housing in the United States have increased upon July.

On the wall street ends up, plumbed other hand, unemployed weekly registrations increased to 235,000, where analysts were tabling on stabilization at 225,000 requests.

These figures “suggest a new weakening of the labor market”. according to Nancy Vanden Houten, of Oxford Economics, which warns, however, that “seasonal factors have been able to influence” this increase.

On the bond market, the yield of American state loans at ten years stretched at 4.33% around 8:10 p.m. GMT against 4.30% at the end on Wednesday.

On the business side. investors still observe “a relative weakness of actions with very high capitalization”, especially in the technological sector, according to Mr. O’Hare.

“Many of them have experienced spectacular increases and are currently declining, investors making profits,” added the expert.

Apple, for example, dropped 0.49% to $ 224.90, NVIDIA lost 0.24% to 174.98 dollars and META (Facebook, Instagram) fell 1.15% to 739.10 dollars.

The American Walmart hypermarket channel noted part of its forecasts wall street ends up, plumbed for its fiscal fiscal year 2026 after an increase. of almost 5% of its turnover in the second quarter. But the brand was shunned (-4.50% at 97.95 dollars) because of its net profit by comparable data share lower than 68 cents.

The American aeronautical manufacturer Boeing finished in the red (-0.51% at 224.46 dollars). The title had progressed at the start of the session after press information according to which the group was. in discussions with the Chinese authorities about an order up to 500 planes.

Wall street ends up, plumbed

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