Wall Street is being taken in two cups, with the second clearly bullish, The Fed week. And he has chosen to pull the best he has with potential still unknown: to positively value everything related to the possibilities of AI that is so many joys in the market.
And that’s why he hopes to close the week positively. At the moment, futures are shown at opening levels, on a clearly complicated day On this day of expiration of options and futures worldwide, So volatility is the currency in the New York parquet.
Thus, Dow Jones are 0.03% up to 46,154 points, those of the S&P 500 advance 09%, at 6,638 points and those of the Nasdaq revalue 0.11% to 24,480 points.
Yesterday, Ell S&P 500 closed with a 0.48% rise to 6,631.96, while Nasdaq Composite rose 0.94% to close at 22,470.73. The Dow Jones industrial average added 124 points, or 0.27%, to close at 46,142.42 points.
An advance that clearly added the Russell 2000, a Small and Midcaps stone guest to datein front of the historical maximums of their rivals. And yesterday, it rose 2.4% and reached an intradic record. The last time The reference index registered a historical closing maximum was in November 2021.
Lower capitalization companies usually benefit from lower interest rates, since they usually depend more on external financing for their operations and growth compared to the largest and most liquidity companies. In addition, they are more linked to the economic cycle than the actions of large technological ones, which are promoted by AI.
But without a doubt the large values and Intel pulling with its 22.8% on the rise in the market, on its best day in the 38 -year -old a whopping, together with 3% of Nvidia, they marked the new intradic record of the market. And all on account of the announcement that the largest in the market will invest 5 billion dollars in the chips manufacturer to codes chips for data centers and PC.
In this way, with Thursday’s profits, Both Dow Jones and S&P 500 are aimed at closing the week with a 0.7 %rise. The Nasdaq Composite, with a strong technological component, has risen 1.5 %, while Russell 2000 has risen almost 3 %.
Today without relevant macro data, companies will mark the tonic of the session. But not only them, because the recommendations of the values and especially the expectations of the analysts after putting the Fed on the table, it will also quote On the day of the quadruple time witch in the markets.
So, Wellsfargo has raised its objectives for the one known as indicator of indicators, the S&P 500, citing changes in economic perspectives and profits. Now he hopes that The reference index ends this year between 6,600 and 6,800, in front of a previous forecast of between 6,300 and 6,500. This represents an increase of more than 4% between the middle points of each range.
By 2026, Wells Fargo indicated that the S&P 500 should close in a range of 7400 to 7600. Previously, the team provided for closing the year between 6900 and 7100. When analyzing the midpoints of each range, the bank raised its perspective in more than 7%.
As for protagonists, we will be attentive to Fedex, and the 5.2% increases that it maintains once it will present its results, which the market is valuing as expected.
The shipping and parcel company marks profits from the first fiscal quarter better than expected. Fedex obtained adjusted profits of $ 3.83 per share, with revenues of 22,240 million dollars. Analysts surveyed by LSE forecast $ 3.59 per share and $ 21,660 million.
While Scholastic, the publishing house, registered a loss per share of 2.52 dollars for the first fiscal quarter, excluding extraordinary items, higher than the loss of $ 2.13 per share registered in the same period of the previous year.
In addition, Lennar’s actions, the housing construction company lose around 3%, after the collapse of their 46%profits, affected by a combination of low demand and pressure on the profit margin. Although the profits exceeded the estimates, the investors were disappointed by the low delivery of homes in the fourth quarter, which will be lower than the forecasts of the analysts.
In the third quarter, Lennar obtained earnings of $ 2.29 per share on income of $ 8,810 million. The analysts surveyed by LSE hoped that Lennar would obtain profits of $ 2.10 per share on income of $ 9,000 million.
Already in fixed income, profitability turns positive, with increases for the 10 -year American bonus yield listed in 4.126% while earning more than half a percentage point. The two -year treasure bonus also moves up with a profitability of 3,578%.
As for the oil market, falls The West Texas is quoted with falls from the early hour While fears of high production compensate for the federal reserve type cutting. Cuts after the meeting of almost 1% in the future of the barrel up to 62.91 euros.
While gold, after the benefits of yesterday, takes up the advances, with the future of the precious metal that rises 0.27%, to $ 3,687 per ounce.
The dollar index, Win traction and placed at 97.55 after rising 0.21%. And Bitcoin, which drops 0.56% to 116,536 dollars per active.