New York’s bags ended the trading session falling this Wednesday (30) influenced by the signals of the President of the Federal Reserve (Fed)Jerome Powell, that there is not yet a decision on the elevation or reduction of the interest rate in September.
Investors also digest confirmation from 50% rate for copper.
The Dow Jones index fell 0.38%, closing at 44,461.28 points. The S&P 500 retreated 0.12%, ending at 6,362.92 points, while NASDAQ registered a 0.15%increase, with 21,129.67 points at the end of the day.
After AE with the September meeting (which the market was already pricing a cut) the capital Economics evaluates that the Central Bank is expected to maintain stable monetary policy by the end of the year.
Commerzbank pointed out that the Fed did not signal monetary relief in September, but the bank still believes that in a cut at the next meeting. Ing, in turn, only believes that there will be flexibility in December.
The market also follows the look at the corporate balance season. The human jumped 12.5% after disclosing profit above expectations and raising its projection of earnings for the year. Starbucks fell 0.22% after a profit below expected while showing good revenue numbers.
Lendingclub fired 21.2%, driven by better results than expected and a 32% increase in loan originations. On the other hand, Sofi Technologies retreated 2.37% after announcing a public offering of shares.
Motorcycle manufacturer Harley-Davidson had its shares valued at 13.4%, despite the drop in revenue, driven by the sale of participation in its financing unit.
Microsoft’s shares closed up 0.13%, while the market was waiting for its results. Already the goal Platforms retreated 0.68% before the disclosure of its balance.
For tomorrow, the results of Apple (-1.04%), Amazon (-0.33%) and Mastercard (-0.72%) are planned.
