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Wall Street slightly higher
At the opening of the markets, Wall Street registered a slight increase, continuing yesterday’s trend, which had been characterized by an unmoved session. Investors, waiting for data on producer prices, are closely monitoring the trend of inflation, which is still persistent. This economic scenario has led to an increase in attention to the monetary policies of the Federal Reserve, which will meet a week before Christmas
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Inflation data and market expectations
The annual producer price figure showed an increase, from 1.9% to 2.4% in October, exceeding expectations that expected an increase of 2.3%. This increase is significant and could affect future Federal Reserve decisions. In addition, the recently published consumer inflation data showed an increase from 2.4% in September to 2.6%, marking the first monthly increase since March. This information fuels speculation about possible changes in monetary policies
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Performance of the main indices
At the opening, the Dow Jones gained 89.81 points (+0.20%), while the S&P 500 registered an increase of 5.05 points (+0.08%). The Nasdaq also saw an increase, gaining 18.03 points (+0.09%). These results indicate a climate of confidence among investors, despite the uncertainties related to inflation. In addition, the price of WTI oil at Nymex saw an increase of 1.34%, reaching 69.35 dollars per barrel, another factor that could influence
economic dynamics in the coming days.
Unemployment benefit claims are falling
Another positive figure comes from the labor market: the number of claims for unemployment benefits in the United States has registered a significant decrease, marking the lowest level since May. This figure positively surprises analysts’ expectations and could indicate a strengthening of the labor market, contributing to greater economic stability. Investors will continue to monitor these economic indicators, as they could have a direct impact on future Federal Reserve decisions and market trends
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