At the opening, the Dow Jones index decreased by 0.03 percent to 43,431.89 points. The S&P 500 index increased by 0.06 percent, reaching 5,874.17 points, and the Nasdaq index increased by 0.2 percent, reaching 18,717.93 points. Fed Chairman Jerome Powell said, Following the statements that the economy did not give signals that would require haste in interest rate cuts, the stock markets, which experienced a decline last week, started the first trading day of the week with a mixed course. started.
According to the pricing in the money market, there is a 58 percent probability that the Fed will come There is a 42 percent probability that it will reduce the policy rate by 25 basis points and keep it constant. It was predicted. of the USA The 10-year treasury bond rate increased by 2 basis points to 4.45 percent. happened.
Company balance sheet announcements are eagerly awaited
Analysts stated that important company balance sheets to be announced this week are expected, and the chip company Financial results of Nvidia and US retail chains such as Walmart and Target He stated that he would publish it.
On the corporate side, following news that US President-elect Donald Trump’s team is working on ways to loosen regulations on autonomous vehicles Tesla’s shares started the day with a gain of approximately 6 percent. Shares of ride-hailing app Uber fell 3.4 percent and shares of Lyft fell 3.9 percent. Nvidia’s shares also lost 1.5 percent of their value following allegations that the new generation Blackwell chips had overheating problems in server racks.
On the other hand, trading in Spirit Airlines shares was halted after the company filed for bankruptcy protection. Spirit Airlines’ shares have fallen more than 90 percent since the beginning of the year.
Source: www.dunya.com
