The Dow Jones index drops in the New York morning 0.27% to 44,426 points. The biggest decreases are for Unitedhealth (-2.9%) and Amazon (-1.3%) while Nike (+3.4%) and Boeing (+2%) lead the advances. The S&P 500, which had opened upwards, deflates and yields 0.02%, in 6,113 points. The Nasdaq 100 goes back 0.10% to 20,007 points.
Wall Street comes from a winning week in the large New York indices. The Dow Jones rose approximately 0.6% last week, while the S&P 500 advanced 1.5%. The Nasdaq Composite was the most benefited, with a 2.6%rise.
Much of the progress of last week occurred on Thursday after President Donald Trump’s plan for reciprocal tariffs to countries with taxes to US products reassured investors, who had feared they were much more aggressive.
The actions have been volatile at the beginning of the year, but even with current concerns about trade and inflation, the indices are not too far from their recent maximums. The Dow and the Nasdaq are approximately 1% below their historical records, while The S&P 500 is only 0.2% below its maximumconquered four weeks ago.
Today on the macroeconomic agenda, investors have known The Empire State Manufacturing Index of February, which has surprised the market with a 5.70 readingwell above expected (-1.0) and January data (-12,6). Throughout the morning New York will be published the index of the February NAHB real estate.
Today, investors also assimilate the statements made yesterday by The governor of the Fed, Christopher Waller, who assured that his «base» opinion is that the new tariffs of US President Donald Trump will have only a modest impact on prices. The president of the Fed of Philadelphia, Patrick Harker, also pointed out that he does not see any reason to change type policy at this time.
These statements seem to soften the fears caused by Powell in his recent testimony before Congress. Operators currently foresee at least one cut of 25 basic points and a 58% probability of an additional cut for Decemberaccording to LSE data.
«Taking into account that the Fed still considers that its monetary policy is restrictive, which implies that feat cuts will be needed at some point, we are still waiting for flexibility in the second half of 2025 as inflation is moderated over time» , says Mark Haefele, Investment Director of UBS Global Wealth Management.
To set more type expectations will help the publication on Wednesday of the Proceedings of the last monetary policy meeting from Fed.
In the fixed income, always very sensitive to changes in monetary policy, the profitability of the US bonus at $ 4,522%.
Meanwhile, worldwide risk assets are favored by Speculations on a peace agreement between Russia and Ukraineafter Russian and American officials have initiated bilateral meetings in Saudi Arabia. The first meeting between the US Secretary of State, Marco Rubio, and Russian Foreign Minister Sergei Lavrov lasted more than four hours. The American envoy Steve Witkoff and national security advisor Mike Waltz participated in the American conversations, while Lavrov was accompanied by the Kremlin assistant, Yury Ushakov, according to Russian state media.
Protagonist values of Wall Street
In the business field, the quarterly results season already faces its final stretch, with a more than positive balance. With 380 companies of the S&P 500 having published their accounts, companies are expected to have registered an interannual growth of the profits of 15.3%, compared to an expectation of less than 10% in early 2025, according to data collected by LSE.
This week will be the turn of Western Petroleum, among others, to publish their accounts, although the eyes mainly point to Walmart accounts that will be published at the end of the week.
Among the first to publish this week is Medtronic. The medical devices manufacturer has disappointed with its quarterly income, although it has exceeded benefit estimates thanks to the strong demand for its hearts and diabetes. Medtronic has published adjusted earnings of $ 1.39 per share on income of 8,290 million dollars in the third quarter. The analysts had waited for $ 1.36 for share, not including items, on an income of 8,330 million dollars.
In other news, Constellation Brands rises 4.9% in the opening after Berkshire Hathaway, the Warren Buffet Holding, revealed on Friday a new investment in the company behind Corona beer. Buffett controls a little more than 5.6 million shares, which are 0.3% of their portfolio. The titles collapsed in 2024 when consumers reduced spending on alcoholic beverages, and has dropped 25% in 2025 after the company reported weak results.
Intel rises 4.20% before the bell touch after this weekend several media aim for their rivals Taiwan semiconductor manufacturing co and Broadcom would be studying an alliance to distribute the company.
Southwest Airlines has announced that will reduce its corporate workforce by 15%within your effort to reduce costs. «This decision is not precedents in our 53 years of history, and the change requires that we make difficult decisions,» explained the CEO Bob Jordan in a statement. «We are in a crucial moment while we transform Southwest Airlines into a more efficient, faster and more agile organization.» The actions rise more than 2% in the New York morning.
In the recommendations of analysts, Barclays has reduced the modern recommendation of ‘overpower’ to ‘equal weight’, A movement that also has a cut in the target price, which goes from $ 111 to $ 45 per share. Despite this, it is a Alcista potential of 36.4% in front of Friday’s closure. Analyst Gena Wang explains the cut «Given the uncertainties of the macroeconomic environment and the risk of vaccine policy in the US, as well as the lack of other important clinical catalysts in the short term.»
Bath & Body Works rises 5.5% in the New York morning after JP Morgan has improved the council until ‘raising’from the previous ‘neutral’. Analyst Matthew Boss cites the expansion of operating margins and visible returns for shareholders as catalysts of this improvement.
In raw material markets, and with one eye on the peace negotiations of Ukraine, today oil prices rise after a drone attack on a pumping station of a pipeline in Russia has reduced flows from Kazakhstan. American West Texas futures rise 1.12% to $ 71.49 per barrel. Brent is paid at $ 75.47, with a rise of 0.37%.
The euro drops 0.29% against the dollar until leaving the exchange rate at $ 1,0452 for each single currency.