Business Wall Street : frozen near highs the previous day...

Wall Street : frozen near highs the previous day ‘4 witches’


( – The scores were fixed to Wall Street on the eve of the ‘4 witches’: most of the fatal blow to the increase was accomplished Monday and Tuesday, loosely consolidated on Wednesday, and then fixed near the summits on Thursday.

The Dow Jones recorded a small decline of 0.2% 26.080 (against -1% in the opening) and the Nasdaq progresses symmetrically from +0.3% to 9.943, the S&P500 maintaining balance (+0.1%) to 3.115.

But the operators will remember that the Nasdaq-100, ‘tagline’ 10,000 in closing, with a gain of +0.3% to 10.012, after earlier in the session in 10.018 Pts.

Indices US rallied in the wake of a published figure 16H: the Conference Board’s leading indicator returns to the green for the 1st time in 3 months.

It is shown in increase of +2.8% to 99.8 in may, after severe declines in April (-6,1%) and march (-7,5%).

Good surprise also with the ‘Philly FED’ (manufacturing activity in the Philadelphia region) that bounces dramatically to -44,1 to +27,5 on the current month, against -44,1 to the previous one, thus marking a resumption of growth in manufacturing activity in the Philadelphia region.

The consensus did not expect so much : it was not intended as an index to -23 ! The index is thus positive for the first time since February and the beginning of the crisis of the sars coronavirus.

The figures for weekly jobless claims were slightly disappointed to 14H30: the u.s. Department of Labor announced Thursday have been counted 1.508.000 new registrants, compared to 1.566.000 the previous week (against 1.542.000 in the initial estimate). The economists ‘ consensus was indeed on a sharp decline, to 1.3 million entries.

The moving average of four weeks has once again declined, to reach 1.773.500, down 234.500 in the space of a week.

The ‘Conf’Board’ and the ‘Philly FED’ are not sufficient to fully restore the complacency that prevailed since Monday evening.

The situation of the epidemic in american States like Texas, Arizona, North Carolina and Florida also continues to be a concern (+25.000 cases/day in the United States… the first wave does not stop to linger), in the same way that the evolution of the disease in Brazil.

Side values, the Nasdaq has been increased beyond the 10,000 per Microsoft (+1.1% 196,3$) which ends at less than 1% of its all-time record, and then by Viacom To +5.2%, now workday +2.9% For Paypal +2,6% Zoom, +2%, Adobe and Broadcom of +1.7%.

The oil sector is doing well, helped by a rebound in the barrel from +2.5% to$ 39 on the NYMEX: Apache +2,4%, Western +3,3%, Marathon Petroleum Up 3.6%, Valero +3.8 per cent.

And finally, in another register, Donald Trump said Thursday evening that ” cut all bridges with China is one option.

Apart from his most faithful supporters, who believes in such a scenario ?



Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest news

“There are new serious Covid patients”

Cremona, nurse vents: "There are new serious Covid patients". The nightmare seems to have returned after a few...

Inter asks for 21 ‘kilos’ less for Lautaro, but Barça …

From the FC Barcelona​ They assured that...

Horoscope: Today’s horoscope July 11, 2020 | Zodiac sign | Predictions

Updated on 07/11/2020 at 07:28 Aries: Do a new activity that relaxes you. A friend will come to...

Brightest comet seen in a quarter of a century

Comet Neowise is so close to the Sun this month that it can be seen from Earth. This...

10,000 customers of bankrupt hair removal salon Just Wellness demand a refund

It was in December of the previous year that the doors of Just Wellness hair removal salons suddenly closed....

Athletics: Orlando Ortega, after the pandemic: “Now I enjoy twice as much”

Orlando Ortega, during a competition. SportMediaTHERlando Ortega, Olympic runner-up in Ro 2016, is standing when evening falls in Madrid. ...

Must read

You might also likeRELATED
Recommended to you