WALL STREET ENDED IN DISPERSED ORDER
par Herbert Lash et Bansari Mayur Kamdar
(Archyde.com) – The New York Stock Exchange ended in dispersed order on Monday, following the renewed tension caused by the monthly figures of the American employment.
The Dow Jones Industrial Average gained 0.09%, or 29.07 points, to 32,832.54 points.
The broader S&P-500 fell 5.13 points, or -0.12%, to 4,140.06 points.
The Nasdaq Composite fell for its part by 13.1 points (-0.10%) to 12,644.46 points.
The market retreated, the announcement last Friday of job creations well above expectations in July in the United States suggesting for many observers that the economy remains in good health and can therefore withstand the tightening of the monetary policy of the Federal Reserve, no matter how big.
Investors are now awaiting the monthly consumer price figures in the United States, scheduled for Wednesday.
“Consumer price data should help confirm whether the Fed’s monetary policy tightening has been successful in thwarting inflation, or whether further tightening is needed,” said Robert Schein, chief investment officer at Blanke Schein Wealth. Management.
At stocks, Nvidia fell following warning that its second-quarter revenue would be lower than the previous three months.
Tesla made progress, taking advantage of the US Senate’s passage on Sunday of the Biden administration’s “cutting inflation” bill, which includes measures to lower drug prices and medical aid. the purchase of electric cars.
(With the contribution of Aniruddha Ghosh; French version Camille Raynaud)
