Wall Street has collected profits this Friday (Dow Jones:-0.32%; S&P500: -0.29%; Nasdaq:-0.50%) after the shopping of the last sessions, in which the S&P 500 repeatedly renewed his all-time highs, encouraged by the return of Donald Trump to the White House. Now, the US stock market is already thinking about next week's Federal Reserve meeting. In the weekly count, the New York indices have ended a week of shopping with gains of 2.15% for the Dow Jones and advances of 1.74% and 1.65% for the S&P 500 and the Nasdaq, respectively. This way, The market receives Donald Trump with increases in his first week in the White Housea period in which he has already advanced many of the measures he intends to carry out, although one of his most notable interventions took place at the Davos Forum, where assured that he will demand lower interest rates. «Interfering with the independence of a central bank has never been a good idea. «If monetary policy starts serving the government's objectives – so explicitly – you will end up like a roast turkey,» said Ipek Ozkardeskaya, senior analyst at Swissquote Bank. meeting of the Federal Reserve (Fed)whose conclusions will be announced on Wednesday, January 29. The market discounts with a probability of 99.5%, according to CME Group's FedWatch tool, which rates will remain unchangedbut the interest will be in what you have to say Jerome Powellpresident of the organization, regarding these words from Trump. «Regardless of the 'noise' that the first actions and statements of the new US president are generating, Investors should continue to pay close attention to macro and microeconomic fundamentalssince the quarterly results season is picking up pace in the US – so far it is being quite positive – and starting in the main European markets,» they indicate in Link Securities. In that sense, it should be noted that next week they will announce their figures five of the «Magnificent 7»such as Apple, Microsoft, Tesla, Meta and Amazon. This Thursday's macro agenda has included the Preliminary manufacturing and services PMIs for January, that have shown more moderate growth in the US private sector, with manufacturers returning to expansion territory after six months of decline.
TECHNICAL ANALYSIS OF THE NASDAQ 100
He Nasdaq 100 finally it has short-term bearish channel canceled in which it had been moving since reaching the all-time highs of 22,133 points. «This past Wednesday we were able to see how it managed to overcome the resistance of 21,703 points, which confirms the return to the bullish path. In this process, a bullish gap was left that allows it look very closely at the all-time highs which, as we have mentioned, are found in the 22,133 points«explains César Nuez, technical analyst at 'BitcoinDynamic'. «It would be within normality that I could end up taking a small step backwith the intention of relying on the vicinity of 21,500 points before launching to definitively attack the highs drawn last year. Pay attention, it seems likely that we could end up seeing a attack at the level of 23,000 points in this first quarter of the year,» he adds.
COMPANIES AND OTHER MARKETS
At the business level, Boeing has fallen 1.32% after anticipating that expects losses of 4 billion dollars in the fourth quarter of 2024. In other markets, oil West Texas has decreased by 0.03% ($74.61) and the Brent has advanced 0.23% ($78.46). For his part, the euro has appreciated 0.75% ($1.0494), and the ounce of gold has gained 0.52% ($2,779). Furthermore, the 10-year American bond yield has given way to 4.621% and the bitcoin has added 0.53% ($105,041).