A positive opening for Wall Street
The Wall Street stock market opened the week in a positive tone, after the break for Martin Luther King Day. Investors are attentive to the impact of the new President Donald Trump’s economic policies, which are affecting growth and inflation expectations. The Dow Jones rose by 0.50%, while the S&P 500 gained fractionally, reaching 6,031 points. The Nasdaq 100 also showed an increase of 0.52%, signaling a climate of optimism
among investors.
The market’s reactions to Trump’s policies
President Trump’s economic policies are at the center of attention, as investors seek to understand how they will affect the stock market. The proposed fiscal measures and reforms could have a significant impact on economic growth. However, analysts warn that it is crucial to monitor market reactions and possible corrections. The S&P 100, for example, rose 0.45%, remaining just above parity, which indicates some caution among investors
.
Economic forecasts and inflation
The, Joachim Nagel, president of the Bundesbank, told the World Economic Forum in Davos that the European Central Bank (ECB) is close to achieving its inflation target by the middle of the year. However, he warned that the task of taming inflation is not yet done. Lower wage growth could help lower service prices in the coming months, but investors need to remain vigilant. Nagel’s statements could influence investment decisions and market expectations, making the analysis of global economic trends crucial
.