The main indices of the US stock market are trading at a loss on Wednesday. Wall Street recoils in a market that maintains its bets on the interest rates of the Federal Reserve (Fed) earlier than expected and after higher-than-expected unemployment data.
The Labor Department released early that the number of new weekly applications for unemployment benefits submitted the previous week was 268,000, slightly higher than the 260,000 expected by analysts. However, that figure remains close to pre-pandemic numbers.
In this context, the benchmark S&P 500, made up of the 500 most solid issuers, lost -0.10% to 4,683.97 points. The main Dow Jones, made up of 30 industrial giants, moves -0.48% to 35,758.67 points. The technological Nasdaq yields -0.15% with a level of 15,898.14 units.
Investors fear that the central bank will decide to raise the price of money earlier than planned, due to the constant signs of economic strength in the United States, amid persistent inflationary pressures. It is also attentive to the trilateral meeting Mexico, Canada, the United States.
Among the stations, the behavior of Nvidia, which earns more than 9 percent. The microprocessor manufacturing company reported sales of $ 7.1 billion, better than the estimated $ 6.68 billion in the fourth quarter, which means a 50% increase in annualized terms.
Reference-www.eleconomista.com.mx