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Wall Street closed mixed yesterday as investors awaited key data for this week, such as the consumer price index and production index. Regarding U.S. monetary policy and inflation.
(Read here: U.S. unemployment claims fall)
At the bell of the New York Stock Exchange, the Dow Jones Industrial Average fell 0.36% to 39,357 points; the selective S&P 500 index closed without experiencing major changes and was installed at 5,344 integers; the Nasdaq index, which is concentrated with technology companies, rose 0.21% to 16,780 shares.
Tomorrow’s July consumer price index will be key Find out if the economy is still strong Or whether investors should be wary of increased volatility.
(See here: They fish in troubled waters: The “winners” of the global stock market crash)
Wall Street is also awaiting the July producer price index. Information and statistics to be released today July retail sales data is due on Thursday.
New York Plaza suffered a critical meeting last week due to threats of a possible scenario.The root cause of the economic crisis lies in the interest rate policy of the Federal Reserve, but the employment data was not as bad as expected, which helped boost morale and recover most of the lost ground.
Wall Street
(Watch: Heatwave sparks protests against Citigroup’s support for fossil fuels)
The New York Stock Exchange session was also marked by a rise in Nvidia stock prices. Of this, a 4.1% increase stimulated the rise of technology companies.
By sector, the biggest drop yesterday was in real estate, with a drop of -0.64%, followed by communications, with a drop of -0.62%. Technological progress (1%) and energy progress (0.5%) declined.
Efei
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