Wall Street is trading with a mixed sign this Tuesday after losses on Monday, in a session that was marked by the falls of Nvidia. This, as investors focus their attention on the inflation datawhich will be key to the decision of rates of the Federal Reserve (Fed). In that sense, this Wednesday the November CPIfor which a very slight rebound in the general rate up to 2.7%, from 2.6% the previous month; while for the underlying variable It is expected to remain at 3.3%. However, «and with these readings discounted by investors, there is some fear that inflation has picked up somewhat more in November of what was projected, what would question the new interest rate cut that investors take for granted that the Fed will carry out next week,» they assess at Link Securities. That is why they believe that higher-than-expected inflation figures could cause a small correction in the US stock markets, «which would also extend to the European ones, whose main indices, after eight consecutive sessions on the rise, show clear symptoms of being overbought.» From Bankinter, they estimate that American inflation will demonstrate its resistance to giving in. «Inflations are entering a stage of rebounds and that is why It would be better if the market accommodated them with the caution they deserveespecially taking into account the excellent 2024 we have had.» The agenda also includes the production prices of the same month and weekly unemployment claims (Thursday). However, these data, together with the latest labor market figures, will be decisive for the Fed rate decision at its meeting on December 18 and for which the market discounts, with a probability of 89.5%, according to the CME Group's FedWatch tool, which will carry out a new cut of 25 basis points.
COMPANIES AND OTHER MARKETS
At the business level, Oracle has plummeted 8% after disappoint with your results of the second fiscal quarter 2025 and offer a weak prospects. Besides, Boeing has flown 5% after restart production of its 737 Max aircraftits best-selling passenger line, approximately a month after the end of the more than seven-week strike carried out by factory workers in Seattle (USA). For its part, the actions of Alphabet, Google's parent companyare up 5% after the company will present 'Willow', its latest quantum chip which has «state-of-the-art performance across a range of metrics,» the firm explained. «Although the growth in both sales and profits was exponential, driven by its business related to Artificial Intelligence (AI)did not reach what was expected by the analysts, who had set the bar very high», analyzed in Link Securities. In other markets, oil West Texas drops 0.31% ($68.16) and the Brent gives 0.18% ($71.98). For his part, the euro depreciates 0.21% ($1.0529), and the ounce of gold earn 0.05% ($2,686). Furthermore, the 10-year American bond yield is revalued to 4.211% and the bitcoin rises 0.79% ($97,376).