Similarly,
Wall street resumes his breath new:
The New York Stock Exchange closed up on Monday. In addition. In addition, catching up most of its losses of the past week thanks to a technical rebound, investors choosing to disregard economic uncertainties surrounding the American customs duties.
The Dow Jones took 1.34%, the NASDAQ index gained 1.95%and the enlarged S&P 500 index advanced by 1.47%, ending a series of four consecutive decrease sessions.
“There were buyers on Friday. Moreover. For example, as soon as the markets showed signs of life today, they returned to the charge because no one wants to miss a bull movement,” comments with AFP Steve Sosnick, of Interactive Brokers.
According to him. Nevertheless. only this technical rebound can explain this progression of Wall Street, while no major economic data has been published on Monday and that “the wall street resumes his breath new rate reduction forecasts (Fed wall street resumes his breath new interest of the Fed) have not changed significantly since Friday”.
A very large majority of analysts expect a drop of a quarter of percentage of the rates. of the American central bank at its next monetary policy meeting in September. Consequently, according to the CME monitoring tool.
In question: a report on the labor market in the United States. published on Friday. worse than expected, with in particular a sharp decline in job creations, at more seen levels from the Pandemic of Covid-19.
“Given the magnitude of the data that was published on Friday. how they repercussions on the price of other key financial assets. it is quite surprising to see the stock market completely ignore them,” said Steve Sosnick.
But “we have already seen stock markets react strongly to the slightest wall street resumes his breath new opportunity to purchase”, according to the analyst.
He wall street resumes his breath new also noted that “traders. investors have earned a lot of money” by putting aside fears related to customs duties.
Donald Trump’s new customs duties that should come into force for the most part on Thursday are “almost final”. should not be the subject of negotiations immediately. said the American representative on trade, Jamieson Greer, in an interview broadcast on Sunday on the CBS channel.
On the table of values, the brand of Jeans American Eagle (+23.65% at 13.28 dollars) gave himself up. taking advantage of Donald Trump’s glowing comments on his advertising campaign with actress Sydney Sweeney, which creates controversy.
“Sydney Sweeney, a republican inserted, has the most + burning + advertising of the moment,” wrote Donald Trump there. According to him, thanks to this campaign, the brand’s wall street resumes his breath new jeans “sell like hotcakes”.
The car manufacturer Tesla (+2.19% to 309.26 dollars) was sought wall street resumes his breath new after granting its boss Elon Musk 96 million shares for. a value of approximately $ 29 billion. Mr. Musk’s enormous remuneration plan is always the subject of a legal battle.
The Chinese giant of baidu search engines (+1.75% at 87.64 dollars) benefited from the announcement of the launch of its Robotaxis on the American carpooling application Lyft in Germany. Great Britain in 2026, subject to regulatory approval.
Nasdaq
Posted on August 4 at 10:41 p.m. AFP
Wall street resumes his breath new
Wall street resumes his breath new
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