Futures linked to Dow Jones index remain plans, with a very slight decrease of 0.04% to 46,423.30 points, while those of the S&P 500 rise 0.24%, in 6,727.60 points. Nasdaq 100 futures rise 0.55% to 24,936.40 points.
The great Wall Street indices come from a day from less to more yesterday Wednesday, which finally ended up in positive in the hope that the closure of the federal government will be brief and, therefore, any serious effect on the economy will be limited. The S&P 500 won approximately 0.3%, finishing the session in a historical maximum, while Dow Jones added only 43 points, or 0.1%, also enough for a new historical lock. The Nasdaq Composite closed with a 0.4%rise.
He closing of the US administration It began after Democrats and Republicans did not achieve the deadline to reach an agreement that maintained government financing on Tuesday. The big question is now how long the current stagnation will last. According to NBC News report, it is likely to last at least three days, since the Senate suspends its sessions this Thursday by Yom Kipur, which means that until tomorrow Friday the senators will not vote again.
In prediction markets, Operators are committed to the closure could be extended for almost two weeks. «I think that this closure could last even more than in 2018, but other factors will ultimately be more important, such as 1) that the next results of the third quarter are solid, 2) that the euphoria for AI continues with the report of solid quarters of the magnificent 7, and 3) the next meeting of the Fed on October 29, where I hope that the Fed maintains its direction of cutting the rates three times this year,» Dan Niles, founder and portfolio manager of Niles Investment Management, in an X publication.
«In summary, I believe that, despite the possibility of a certain short -term volatility, the market will finally reach new maximums as it progresses slowly upwards,» adds Niles.
Historically, the stock market has not been very affected by government closures, but investors are paying more attention to this due to the current context, which also involves the suspension of references. Today the factory orders and the usual weekly figures of initial unemployment applications were planned. However, the closure of the US administration will cause neither the Department of Commerce nor the Labor Department to publish these data. «Investors, at least while this situation lasts, should be used to ‘living’ without official macroeconomic referencesso your perception of how American economy, labor and inflation is evolving will be limited to what private institutes publish, ”he warns Juan J. Fernández-Figares, from Link Management.
The suspension will also prevent tomorrow the report of non -agricultural payrolls of September, which was presented in the face of the October Fed meeting. Currently, operators give A 99% option to a 25 -point type cutaccording to the Fedwatch tool of CME Group, after yesterday’s ADP data showed a strong fall in private payrolls.
In the business level, the pharmaceutical sector is one of the great protagonists: Biogen’s actions, which rose about 10% during yesterday, add another 0.8% in pre -opening. Merck and Bristol Myers Squibb also move up after closing yesterday with an increase of 7.4% and 5.2%, respectively.
These companies were among the pharmacists who rose in the recent session after the Trump administration announced an agreement with Pfizer. The US president said that, by virtue of the agreement, Pfizer will sell some of his medications at lower prices on a new website ‘direct to the consumer’ called Trumprx. Pfizer’s shares have risen more than 14% so far this week.
Another of the outstanding news of the day is that Berkshire Hathaway has made official the agreement to buy Oxychem, the Petroleum Petrochemical Unit, for 9.7 billion dollars in cash. It supposes The biggest purchase of the Warren Buffett investment arm since 2022when he paid $ 11.6 billion for the insurer Alleghany. In addition, it occurs at a time when the conglomerate accumulates 344,000 million dollars in cash, a record for the company.
Berkshire is already an important Western investor, with a 28.2% participation with data at the end of June.
Fermi’s shares shoot 13% in the New York morning, after closing with a 54% rise in their Nasdaq debut on Wednesday. He Reit of data centers from former Secretary of Energy Rick Perry raised $ 682.5 million in his IPO. In the US, the last sign of investors’ interest in the rise of artificial intelligence.
The company’s shares closed yesterday at $ 32.53, compared to an IPO price of 21 dollars. Fermi sold 32.5 million shares.
In the recommendations of the analysts, Electronic Arts has received a reduction from Roth after the presentation of a multimillionaire agreement to remove the market of video games from the market. The investment firm reduces the Council until ‘neutral‘While elevates the target price of Electronic Arts from 185 to 210 dollars.
«With a growth potential for shares of only 4%, based on an acquisition offer of $ 210 per share, we see few reasons to maintain a purchase recommendation,» explain the analysts. Electronic Arts announced earlier this week that it had reached an agreement of 55 million dollars with a consortium of investors to privatize its business. As part of the agreement, the company’s shareholders will receive $ 210 per share.
In raw material markets, oil prices still have no head and are aimed at their fourth day of losses in the face of concern about excess supply in the market, although the possibility of hardening the sanctions to Russian crude oil serves a certain support. The futures of the American West Texas decrease by 0.39% to $ 61.54 per barrel, while the International Reference Brent oil is paid to $ 65.11, with a 0.37% decrease.
The price of gold remains close to its historical maximums, favored by the expectations of new type cuts in the US and political uncertainty. The gold in its cash variety is paid at $ 3,880.28 per ounce, after reaching a historical maximum of $ 3,895.09 on Wednesday.
The euro shows an advance of 0.14% against the dollar until leaving the exchange rate at $ 1,1750 for each community currency.