Wall Street is wary. Waiting for the main US data – economy and finance

Wall Street is wary.  Waiting for the main US data – economy and finance

(Teleborsa) – Wall Street starts the week cautiously A major report on US inflation, while weak consumer price data from China stoked fears of an imminent economic slowdown. Therefore, all eyes remain on the US inflation data this week, which will fuel the US interest rate decision. Federal Reserve within a month. Investors expect price growth to slow in June.

Meanwhile, insiders are turning their attention to Corporate balance sheets arrive during the week. Earnings are indicated Second Quarter Investors will assess the impact of tightening monetary conditions and fears of an imminent economic slowdown on companies.

Wall Street’s major indexes ended the week lower on Friday after Employment report The domestic economy showed adding the fewest number of jobs in two-and-a-half years in June, though unemployment fell and wage growth was higher than expected indicating a continued strong labor market.

Traders still expect the US central bank to raise interest rates by 25 basis points at the end of this month, but are divided on the rate hike path for the rest of the year.

Among the American indicators, it was Dow Jonesadvancing to 33,841 points, reversing the trend with regard to the series of three consecutive declines, which began last Wednesday, while, on the contrary, moving around parity inS&P-500which continues today at 4,405 points. Consolidation of eve levels Nasdaq 100 (+0.01%); On the same direction, on parStandard & Poor’s 100 (-0.03%).

In the S&P 500, subsidiary funds have performed well industrial goods (+0.69%), office consumables (+0.60%) f Financial (+0.44%).

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Among the best blu chips dow jones, Larva (+1.91%), 15:00 (+ 1.02%), chevrons (+0.88%) f JPMorgan (+0.79%).

However, the strongest declines occur in merckwhich continues the session at -2.46%.

They focus their sales on Walmartwhich suffers a decrease of 2.30%.

sales on Procter & Gamblewhich records a decrease of 2.10%.

Bad sitting AmgenWhich shows a loss of 1.94%.

between The best performer nasdaq 100, polishing (+5.23%), JD.com (+4.93%), Baker Hughes Corporation (+4.78%) and Diamondback Energy (+4.11%).

On the other hand, the strongest sales appear Biogenwhich continues to trade at -3.48%.

under pressure Gilead SciencesWhich shows a decrease of 2.39%.

slip Palo Alto Networkswith an apparent stroke of 2.29%.

in red Costco wholesaleWhich shows a significant decrease of 2.29%.

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