The entry of Wall Street of NYSE to New York, United States
The New York Stock Exchange opened slightly down on Monday, to the launch of one week marked by the financial publications of the main American retailers and while the markets are preparing for a news in charge of geopolitical and economic fronts.
In the first exchanges, the Dow Jones index loses 50.90 points, or 0.11%, at 44,895.22 points and the Standard & Poor’s 500, wider, fell from 0.09% to 6,443.74 points.
The Nasdaq Composite gives way 0.06%, or 11.83 points, to 21,611.15 points.
This Monday, the geopolitical front is at the center of attention.
President Donald Trump will today receive his Ukrainian counterpart Volodimir Zelensky and several European leaders, including Emmanuel Macron, to discuss a peace agreement, following the summit between Donald Trump and Russian President Vladimir Putin last week, who did not give any concrete results.
“The start of the week will be rather calm,” said Lars Skovgaard, chief strategist at Danske Bank, after discussions between Russia and the United States on Friday.
The major economic event of the week will be the Jackson Hole symposium organized by the Kansas City Federal Reserve from August 21 to 23, during which the president of the Fed, Jerome Powell, is expected to express himself on economic prospects and the political framework of the central bank
The markets will also closely follow the results of Walmart, Home Depot, and Target, among others, expected this week, in order to determine to what extent commercial uncertainties and inflationary anticipations have affected American consumers.
In values, Soho House reached its highest level in more than three years, advances 16.10% after the announcement that it is privatized as part of a transaction of $ 2.7 billion led by the New York company MCR Hotels.
(Written by Mara Vîlcu, edited by Augustin Turpin)