Dow Jones–AN of Wall Street prevailed the hope of interest on interest rates by the US Federal Reserve at the beginning of the week, but the stock market lost somewhat in the course of the trade. In the run -up to the important economic data upcoming this week, the profits were kept within rather narrow limits. Thanks to the price gains, the NASDAQ composite was in the meantime on a record high.
The Dow-Jones index increased 0.3 percent to 45,514 points on Monday. The S&P 500 increased by 0.2 percent and the Nasdaq Composite rose by 0.4 percent. The 1,526 (Friday: 1,772) price winners were opposed to 1,252 (1,006) losers, while 67 62) closed the title unchanged.
According to dealers, the labor market data on Friday had consolidated expectations that the Fed would reduce interest rates by at least 25 basis points at their meeting in the coming week, and even the possibility of reducing 50 basis points had been strengthened. In contrast, political developments in France and Japan dampen the mood of the buy. As already indicated, Prime Minister Shigeru Ishiba has resigned in Japan. In France, Prime Minister François Bayrou has lost the vote of trust in the National Assembly and will withdraw. The reason for the vote was a dispute over the savings plans. Foreign analyst Francesco Pesole now considers it realistic that President Emmanuel Macron will appoint a new prime minister in the middle or right center to implement a weakened fiscal consolidation package. Important economic data was not on the agenda at the beginning of the week.
T-Mobile US lost 3.9 percent. Echostar will sell its radio licenses on SpaceX for around $ 17 billion. The Echostar titles rose by 19.9 percent. “This gives T-Mobile US access to spectrum that it would need for its expansion,” said a dealer. Verizon now faces the same problems, which fell by 2.4 percent. AT & T emit 2.3 percent.
Tesla lost $ 1.3 percent to $ 346.48, giving something from their winnings from the previous week. The shares of the company of Elon Musk jumped up by 3.6 percent on Friday and ended the week with an increase of 5.1 percent after the Tesla board asked the investors to approve a new salary package for Musk that could be worth up to $ 1 trillion in the next 10 years.
In contrast, Applovine (+11%) and Robinhood markets were clearly increasing. Meanwhile, EMCOR Group lost 0.7 percent. As announced late Friday, the three shares will be included in the S&P 500 Index at the beginning of the trade on September 22nd. You replace marketacess Holdings (-0.2%), Caesars Entertainment (+0.2%) and Enphase Energy (-2.1%), as S&P Dow Jones indications. Meta went out of trade unchanged after the course showed an increase of 1.2 percent at noon. The US group plans to invest up to $ 600 billion in the planned data center expansion over the next three years. Broadcom climbed 3.3 percent.
Oil prices rise strongly – dollars continue
Oil prices rose strongly, despite the decision of the Opec+, to increase production next month. But Russia’s latest attack on Ukraine increases the likelihood of further US sanctions against Russia, it was said in the trade. The lists for Brent and WTI climbed by 0.8 percent. The Opec+ had decided to increase daily funding in October by 137,000 barrels, despite the market worries about an upcoming surplus. However, the increase is modest and the actual production is expected to be far below the quantities promised, it said.
The dollar still slightly expanded its taxes from Friday at the beginning of the week, the dollar index lost another 0.3 percent. According to the weak US working market report, the Greenback had slipped to a three-week low for the week. The data was not weak enough to for one Interest rate The FED is to speak of 50 basis points, according to Deutsche Bank’s analysts. Attention will now focus on the US inflation data on Thursday in order to obtain further indications of the pace of the interest rate cuts.
The gold price continued to increase and had again marked a record high at $ 3,676, but then gave up something again. At the end of the US exchange, an increase of $ 0.6 percent was $ 3,676. Another weak dollar, falling market interest and rising interest rate reduction fantasies drove the precious metal. In addition, investors had lost their confidence in the United States, which was partly due to the concern for the independence of the Fed and the increasing debt, explained Fawad Razaqzada from the financial service provider Stonex.
For the return of ten-year US bonds, 4 basis points went down to 4.047 percent. The returns again fell in view of the expectations that the US Federal Reserve Fed will resume interest rate cuts in the coming week and then the Monetary policy will loosen further. “We can imagine that the return on 10-year government bonds will continue to decrease if the attack on the 4 percent mark is successful,” said the regional research manager of ING, Padhraic Garvey. “But that’s probably an overshoot down.”
Index last +/- % absolutely +/- % ytd
DJIA 45,514.95 +0.3% 114.09 +6.7%
S & P-500 6.495.15 +0.2% 13.65 +10.2%
Nasdaq Comp #n/a #n/a #n/a #n/a
Nasdaq 100 #n/a #n/a #n/a #n/a
Contact with the author: [email protected]
DJG/DJN/CBR
(End) Dow Jones Newswires
September 08, 2025 16:43 ET (20:43 GMT)