Dow Jones, positive while investors make their cabals on the Fed

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By Jack Ferson

Dow Jones, positive while investors make their cabals on the Fed

Futures linked to Dow Jones index rise a light 04% to 45,536 points, while those of the S&P 500 advance 0.17%, at 6,506.40 points. Nasdaq 100 futures rise 0.25% to 23,824.10 points.

Wall Street comes from a positive session yesterday Monday: Dow Jones rose 0.25%, while S&P 500 advanced 0.21%. The Nasdaq technological closed with an advance of 0.45%, managing to conquer new historical maximums Thanks to the impulse of Nvidia and Broadcom chips manufacturers.

The attention of investors continues to monopolize The meeting that the Federal Reserve will hold on September 16 and 17. In that sense, between Tomorrow Wednesday (IPP) and Thursday (CPI) two key inflation reports will be published for this appointment. «When the labor market weakens, it is assumed that the Fed must cut the types. The problem is that, for the figure of the IPC on Thursday, the consensus now provides that inflation rises from 2.7% to 2.9%,» reflects Torsten Slok, chief economist of Apollo Global Management, in statements to the CNBC. «And that precisely clouds the panorama, because when inflation rises, the Fed should raise the types.»

After the disappointing employment report last Friday, bets on future declines of official types have shot. Currently, market operators give a probability of 88.2% to a cut of types of 25 points at the Fed meeting last week, according to the CME Group Fedwatch tool. The probability of a 50 -point cut is already 11.8%.

But today it is also planned that the Labor Department publishes The review of the employment creation data of the period that runs between April 2024 and March 2025. There are generalized expectations that the review is down, to the point that the average estimate collected by Bloomberg points to a reduction of no less than 700,000 jobs. «If the review is very significant, bets for a greater aggressiveness of the Fed when lowering types we believe that they will shoot up,» says Juan J. Fernández-Figares, of Link Management. «On the contrary, some investors could see in these reviews an alert about a potential future cooling of the US economy, something that could be reflected in a negative reaction of the bags.»

In the fixed income, also very pending monetary policy, the profitability of the US bonus at ten years rises slightly to 4,063%, while the two -year bonus pays 3.503% in the secondary market.

Has already been published The NFIB index of small businesseswith a reading of 100,8 in August that exceeds the forecasts of analysts (100.6) and the data last month (100,3).

Apple, Fox and Dell, among the main values

Among the protagonist values ​​of the day, Fox records falls of 4.5% after the company has announced that the Murdoch family has resolved a dispute over the family trust, with Lachlan Murdoch taking control of the media empire.

The actions of Dell Technologies fall by 2% after having announced the resignation of its financial director (CFO), Yvonne McGill. David Kennedy, current senior vice president of global commercial operations and finance, has been appointed interim financial director.

Investors will also have to be attentive to Apple’s price, which celebrates an annual event at its cupertino headquarters in which its latest iPhone and Apple Watch lines are expected to present. The most anticipated product is the iPhone 17 Airwhich could be much thinner than its predecessors and bring changes in the camera.

Today, investors will also know the results of companies such as Oracle and Gamestop, although we will have to wait until the closing of the regular day.

To also take into account that the Swedish Fintech Clear He goes out to quote today on Wall Street. The valuation would amount to at least 14,000 million dollars if the action finally begins to quote in the upper part of the range 35 – 37 dollars, or even above.

In raw material markets, oil prices advance, after OPEC+ decided this weekend to increase production less than what participants in the market expected. Concerns about a smaller offer are also noted at possible new sanctions to Russia. American West Texas futures rise 0.75% to $ 62.74 per barrel, while international Brent reference crude advances 0.68%, at $ 66.47.

Meanwhile, the price of gold still does not find brake and looking for new historical maximums. The yellow metal today advances 0.48% to 3,653.44 and analysts already begin to anticipate that it could reach $ 4,000 not long late.

Today the euro rises 0.02% against the dollar until leaving the exchange rate at $ 1,1761 for each single currency.

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