Wall Street has closed with purchases this Monday (Dow Jones: +0.14%; S&P 500: +0.44%; Nasdaq: +0.70%) and has renewed Historic maximums by the hand of Nvidia. The three major American indices also marked records last week, after the Nasdaq rose 2.2%, followed by Dow Jones (+1.2%) and of S&P 500 (+1%). Investors celebrated the First type reduction made by the Federal Reserve (FED) Since December 2024, and the fact that the Central Bank anticipates more cuts in the coming months, in a scenario of moderate economic growth and inflation slightly above the objective of the Central Bank, but not at excessively worrying levels. That justified new historical maximums in Wall Streetalthough, as the strategists of Bankinter«Fatigue by the levels achieved would have perfectly justified a benefit takeover.» However, they add that «Everything indicates that we will continue almost equally as the previous 2 weeksexcept background noise due to Restrictions on qualified immigration announced by Trump The weekend (elevation of the cost of HB-1 visas to work). «In your opinion, we are facing an» optimal «situation for the market, although they clarify that»It is convenient to have a cold mind and be cautious Given this type of situations that seem optimal, because the levels achieved generate some respect. «» In any case, «a correction to ‘breathe’ would be healthy and should not worry»
News of the week
Among the main economic events of the week, are the United States underlying PCE indexconsidered the favorite inflation thermometer of the Fed to guide its monetary policy decisions. Although it will not be published until next Friday. This Tuesday, we will know the September preliminary PMI databoth in the services sector and in the manufacturing sector. In addition, the president of the Fed, Jerome Powellwill perform an intervention. In addition, on Thursday a review of the GDP of the second quarter in the US and the weekly unemployment data. At the business level, the chips manufacturer Micron You will publish your quarterly results on Tuesday, at the close of the session.
Other markets
In other markets, oil Brent has lost 0.18% ($ 66.56), the euro 0.46% ($ 1,1799) and the ounce of gold It has risen 2% ($ 3,782). For its part, the profitability of the 10 -year -old bonus It has revalued 4,149%, and the Bitcoin has yielded 2.93% ($ 112,150).
