Table of Contents:
Introduction to Wall Street trends
In recent days, the main Wall Street indices have shown signs of recovery, opening trading higher after a week characterized by negative performance. The S&P 500, one of the most followed indices, registered an increase of 0.5%, but is preparing to interrupt a positive streak of six consecutive weeks. This scenario raises questions about the current economic dynamics and the future expectations of
investors.
Analysis of the main indices
The Nasdaq 100 saw an increase of 0.7%, while the Dow Jones Industrial Average gained 0.4%. These results are indicative of a market that, despite uncertainties, continues to show resilience. 10-year Treasury yields fell by three basis points to 4.18%, while the euro/dollar exchange rate was almost unchanged at 1.083. These economic indicators are crucial for understanding current trends and growth expectations
.
Focus on companies and quarterly reports
Among the companies that attracted attention, Tesla registered a further increase of 1%, after an impressive increase of 21.9% in the previous session. On the contrary, Apple showed an unmoved performance, following the downgrade of KeyBanc to underweight. Investors are alert to the coming quarterly reports and are preparing for the elections on November 5, which could significantly influence the market. In addition, the labor market data scheduled for next Friday will be fundamental to the expectations of the Federal Reserve’s next moves
.
Durable goods orders and economic prospects
Another important fact to consider is the decrease in orders for durable goods, which fell by 0.8% in September, compared to the -1% expected. This decline could indicate some weakness in demand, raising concerns about economic growth prospects. Analysts will continue to monitor these indicators to assess future market performance and possible Fed reactions
.
