The Dow Jones index lost 0.05%, the Nasdaq technology index rose 0.13% and the S&P 500 was flat (+0.02%), shortly after the stock market open.
The US stock market opened this Thursday at the waterline and without a defined trend, with investors expecting inflation data and the Federal Reserve meeting next week.
The Dow Jones index was down 0.05%, the Nasdaq was up 0.13% and the S&P 500 was flat (+0.02%) a few minutes after the open.
Investors await the release of the latest inflation data and the upcoming US Federal Reserve (Fed) meeting next week.
The Fed’s next monetary policy meeting will take place on June 13 and 14 and those responsible for the institution will be able to raise interest rates again or pause and observe previous increases so as not to slow down economic activity too much, trying to avoid a recession
The Labor Department reported that the number of Americans filing for unemployment benefits last week rose to 261,000, the highest level since October 2021.
US jobless claims for the week ending June 3 rose 28,000 from 233,000 the week before.
Also note the rise in interest rates by the Central Bank of Canada, often considered proactive in terms of monetary policy, which this Wednesday raised its reference interest rate again, by 0.25 percentage points, to 4.75% , three months after being the first of the major central banks to mark a break in these increases.
Source: Observadora
