Wall Street records more records, but bond returns decrease after discoura

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New York (AP) – The stocks rose to more records on Wednesday, where Wall Street still does not care much The closing of the United States governmentBut the yields were drowned in the bond market in the wake of the latest references to the economy.

S&P 500 rose 0.3 % to the top Extremely highWhich was appointed last week. The Dow Jones industrial average added 43 points, or 0.1 %, to Her private record Select the previous day, while the Nasdaq compound increased by 0.4 %.

This procedure was stronger in the bond market, as treasury revenues decreased after a report suggested that employment may be much weaker throughout the country than economists.

Employers outside the government have reduced 32,000 jobs more than they added, according to the ADP Research survey, as the Middle West made difficult strikes in particular. Worse, the survey also reviewed its numbers to work in August, to a loss of 3000 jobs from a previously reported profit of 54,000.

Merchants in Wall Street usually wait for a more comprehensive job report that comes from the United States government every month to clarify how the labor market works. The United States government gets its data from a larger sample from the ADP survey, which does not contain an ideal busy record that predicts what the most comprehensive report will say every month.

But it is likely that the next Ministry of Labor’s report, scheduled for Friday, is delayed due to The closing of the United States government This started immediately after midnight.

“Whether this is an accurate or not, people on the market believe that it refers to something,” according to Karl Winberg, the chief economist in high frequency economics. “The signal from today’s title will not be good.”

Hope for Wall Street was that the labor market would continue to slow down a very accurate amount: enough to persuade Federal Reserve to continue to reduce interest ratesBut not so much that it brings stagnation.

This is an accurate balance of its achievement, and every economic report from the United States government is delayed only, which increases the uncertainty about whether possible. The shares have already been turned into records about the expectations of the coming discounts to prices, so the market deficiency can be sent to the market drop.

Certainly, the stock market and the economy have been usually operated The past closureEspecially if it is short in the period. But this closure may be different in two ways, including the threat that the White House may use to pay For a wide range of federal workers.

In Wall Street, Nike increased by 6.4 % after analysts’ expectations for profit in the last quarter. The sports giant informed a strong growth of clothes sold in North America.

Lithium America’s shares, which traded in the United States, jumped by 23.3 % after the Canadian company said The US government agreed to leave it from a loan that was previously announced at a value of $ 2.26 billion. As part of the agreement, the US Energy Ministry will take a royal share in the Vancouver company.

Lithium Americans are developing the Li -Time project in Nevada with General Motors, and this is followed Intel and other companies The United States government recently obtained a royal share.

On the losing side of the market was Peloton Interactive, which decreased 3.7 %. I got a cold reception to detect the AI ​​system and the computer vision system, along with other equipment designed for cross -training.

Corteva sank 9.1 % after announcing a plan to divide it into two companies, each of which has its own shares. One will stick to the company’s seeds, while the other focuses on protecting crops.

Cal-Maine Foods decreased by 1.2 % after the egg company profit and revenues fell to the last quarter of analysts’ expectations.

Finally, S&P rose 500 22.74 points to 6,711.20. Dow Jones Industrial Value 43.21 added to 46,441.10, and the Nasdaq 95.15 boat rose to 22,755.16.

In stock markets abroad, indexes in Europe rose after the completion of Asia.

In the bond market, the return on the cabinet sank for 10 years to 4.10 % from 4.16 % late on Tuesday.

Revenue has declined, as the report of the weakest salaries is expected than ADP expectations is proven to the coming discounts to the prices by the Federal Reserve. As well as another report that shows that the American industrialization was the weaker last month of what economists expected.

Several manufacturers of surveyors have told the Institute for Supply Management that they still feel pain due to the customs tariff.

“We got to know the steel definitions”, one of the manufacturers said.

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Ap Matt Ott and Elaine Kurtenbach business authors.



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