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Wall Street waiting for inflation data and new developments in Formula 1

Movements on Wall Street

Today’s session on Wall Street opens with restrained movements, reflecting investors’ expectations for the next inflation data. Tomorrow, consumer prices will be announced, followed by producer prices on Thursday, events that could significantly influence markets. At the opening, the Dow Jones recorded a loss of 91.40 points, equal to -0.21%, while the S&P 500 showed a slight increase of 2.17 points (+0.04%). The Nasdaq, on the other hand, gained 46.21 points, marking
an increase of 0.23%.

Oil market trend

Meanwhile, WTI oil at NYMEX marks an increase of 0.20%, standing at $68.51 per barrel. This increase is significant in a context of economic uncertainty, where energy prices can have a direct impact on inflation and, consequently, on Federal Reserve decisions. Investors are closely monitoring these developments, as they could affect investment strategies in the short term
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News in Formula 1: the Ferrari-Andretti agreement

In another area, the world of Formula 1 is abuzz with the announcement of an important agreement between Ferrari and Andretti Formula Racing. Starting in 2026, Ferrari will provide power units and changes to the Andretti team, subject to their approval of the FIA Formula 1 Championship. This agreement represents a significant step for both teams, as Andretti seeks to establish itself in the Formula 1 competitive landscape, while Ferrari aims to consolidate its position as a leader in the sector
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The collaboration between Ferrari and Andretti could lead to new synergies and technical innovations, helping to make the championship even more exciting for fans and motorsport enthusiasts. As competitiveness increases in the championship, all eyes are on how these two historic teams will prepare for future challenges
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