Wall Street starts without defining a trend
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The New York Stock Exchange opened the session in mixed territory. Thus, the Dow Jones added 0.38% to 43,626.32 points, the S&P 500 advanced 0.07% to 5,987.88 points, and the technological Nasdaq lost 0.35% to 19,218.75 points.
According to Millenium's market analysis, “Wall Street begins the session looking for trend definition”.
“Under the cloud of uncertainty regarding the potential impact of the tariffs that Donald Trump intends to impose on imports, especially with regard to the resulting inflationary pressures, investors are already focusing on the accounts that will be revealed tomorrow after the market closes by NVIDIA, a giant that has just announced that it has expanded its partnership with Cisco Systems to accelerate the adoption of AI by companies”, highlighted the experts.
In turn, “Paypal is enthusiastic about the projections of accelerated profit and margin growth for the coming years left at its Investor Day. Companies linked to the cryptocurrency sector may feel pressure from Bitcoin falling below 90,000.”
“In reactions to accounts notice more negative responses from Hims & Hers, Tempus AI and Navitas Semiconductor,” he added
jornaleconomico