The three main stock indexes of the US market operate with slight losses, on a day in which the speech of the president of the Federal Reserve, Jerome Powell. The central banker, who will remain in office for a second term, will appear before the Senate this morning.
The index Dow Jones, made up of the shares of 30 industrial giants, falls -0.51% to 35,885.53 units. The index S&P 500, with the shares of the 500 strongest companies, it lost -0.37% to 4,652.99 units. The index Nasdaq, with a high technological component, yields -0.06% to 14,933.16 units.
The falls continue, but are moderated after a day of liquidating positions in anticipation of a period of rising interest rates in the United States. In the words of Jerome Powell, investors could find new signals about the central bank’s upcoming decisions.
The speech will also be made a day before the important inflation figure for the United States. “On Wednesday we have the first big important date on inflation. The data is expected to be 7% through December, with a rise of 0.4% compared to the previous month,” eToro said in an opening note.
Reference-www.eleconomista.com.mx