S&P 500 has the longest loss for more than a month as Wall Street stumbles for the third consecutive loss

The S& P 500 index fell by 0.5 % and distinguished the longest loss chain in More than a month. the Dao The Jones industrial average decreased 173 points, or 0.4 %, and Nasdak The boat sank 0.5 %. All three indexes are still close The records were identified at the beginning of the weekNevertheless.

The stocks felt pressed from Reports It may be to show the American economy The strongest economists’ belief. While this is encouraging news to Workers and people looking for jobsIt can make Federal reserve is less likely to reduce interest rates Several times in the coming months.

The Federal Reserve has just been delivered Her first pieces of the year Last week, the officials were refined at more until the end of next year. It was very important for Wall Street after American stocks were photographed to records Since April In a large part of it due to price discount expectations. The easiest prices can enhance the economy and make investors more ready to pay high prices for shares and other investments.

But the stronger economy is expected to remove some of the federal reserves, especially because the price cuts bear the risk of exacerbation Inflation is already stubbornly high. If the Federal Reserve does not reduce prices as investors expect, cash will enable the US stock market very expensive after high, so quickly.

Jonathan Krensky, chief market technician at BTIG, warned Jonathan Kerski, chief financial service technician.

“It seems that the stocks appear to be the most vulnerable since its lowest levels in April, given the amount of satisfaction with contentment and how the rubber band was” extended as it is as in some parts of the market, “Krinsky wrote in a research report.

The final hope of Wall Street is that the American economy remains in an accurate balance, as it is slow enough to persuade the Federal Reserve to reduce prices, but it does not become so weak that it leads to stagnation.

Treasury revenues higher in the bond market, as traders have reduced the bets of the number of discounts coming to prices by the Federal Reserve. The return on the cabinet increased for 10 years to 4.17 % from 4.16 % late on Wednesday.

One of the strongest economic reports expected on Thursday mentioned this Less number of American workers apply for unemployment benefits last week. This may be an indication that the pace of workers’ layoffs slow down.

Another report said The American economy grew at a faster pace During the spring of thought previously, while third orders detonated the expectations of the past two economists last month for the United States manufactured in relatively long life.

In Wall Street, Carmex It fell 20.1 % after the used car seller reported a weaker profit for the last quarter of what analysts expected. She sold fewer vehicles during the quarter of what they were a year ago. It was also damaged because it increased its expectations for losses from the loans that were provided in previous years.

Cable 6.7 % decreased although it was reported to be stronger profit for the last quarter of what analysts expected, thanks in part to demand due to artificial intelligence. It also gave expectations for the upcoming revenues and the profit that topped analysts’ expectations.

Such movements usually send the share price to the top, but Gabel came a day with a huge increase of 56.6 % for this year so far. It was more than the profitability of the S&P 500 at the same time.

Another winner of artificial intelligence, OracleReturn 5.6 %. Earlier this month, It has risen to its best day since 1992 After announcing many large contracts signed due to artificial intelligence.

Starbucks Slipped by 0.5 % after announcing the coffee chain A $ 1 billion plan for restructuringIncluding the closure of stores and cut 900 jobs that are not increasing.

On the winning side of Wall Street Kan IBM. 5.2 % increased HSBC has announced a promising experience with IBM of quantum computing Hoping to improve bond trading. The bank said that they achieved an improvement of up to 34 % in predicting the possibility of commercialism at an adapted price.

Companies are racing to develop quantum computing to solve complex problems outside the range of classic computers.

KB Home The gains and losses were swinging after the house reported a stronger profit for the last quarter of what analysts expected. CEO Jeffrey Mezagar said he was encouraged to see Real estate mortgage prices are easy Through a quarter, which can encourage more potential customers to buy homes.

Mortgage rates have been sank on the expectations of the coming discounts to the prices by the Federal Reserve. KB Home ended today with a decline of 0.6 %.

Finally, the S&P 500 33.25 points decreased to 6,604.72. Dow Jones 173.96 to 45,947.32, and Nasdaq Composite Composite 113.16 to 22,384.70.

In stock markets abroad, indexes in Europe fell after modest moves across Asia.

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The AP Matt Ott and Teresa Cerojano book contributed.

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