The three main indices of the US stock market fall after a positive opening. wall street reverses an initial advance, while investors await the monetary policy announcement of the Federal Reserve (Fed), and despite good quarterly numbers from issuers like Starbucks and AMD.
The reference index S&P 500, with the shares of the 500 strongest companies, moves -0.36% to 4,160.48 units. The index dow jones, made up of the shares of 30 industrial giants, lost -0.02% to 33,121.99 units. The Technological Index nasdaq it loses -1.14% with a level of 12,420.91 points.
Markets nervously await the US central bank’s monetary policy announcement. Analysts are forecasting a 50 basis point hike in interest rates, although some are also forecasting a 75 basis point hike. The Fed could also initiate an asset balance drawdown.
Among the issuers, the positive behavior of the papers of starbucks Y amd, with gains of 6% and 2.02%, after presenting their numbers for the first quarter. On dips, stocks Uber Y lyft they fall -11.37% and -33.84%, leading the negative movements of this Wednesday.
“Uber shares fall after reporting a strong loss, due to its investments in Didi and autonomous units. Lyft shares plummet because it reported difficulties recruiting drivers, in a scenario of full employment in the United States,” said Ben Laidler, eToro Platform Analyst,