Wall Street: Follow the S&P rally, which advanced to new maximums

In this context The Dow Jones index of industrialists rose 0.16% to 44,627.59 points; The S&P500 won 0.24% to 6,144.15 points and the Nasdaq Composite showed 07% to 20,056.25pantos.

According to the publication of the Fed Proceedings, the participants at the meeting of January 28 and 29 “They generally pointed to upward risks for inflation perspectives”more than the risks for the market work.

“In particular, Participants cited the potential effects of possible changes in commercial and immigration policy, the possibility that geopolitical events disturb the supply chains or an expense of households greater than expected“It was indicated. Although they continue to think that the pressures on prices will continue to yield,” other factors were cited that could hinder the disinflation process, “according to the minutes.

As a model, the fact that “business contacts in several districts (of the FED) had indicated that companies would try to transfer consumers the greatest costs of supplies derived from possible tariffs.”

The officials also pointed out that some measures of inflation expectations, a key concern for the Fed, “had increased recently”, as well as agreed that they should maintain stable interest rates until it was clear that inflation, in large part stagnant Since mid -2024, it would reliably fall to the 2% target of the Central Bank.

What happened to some of the Wall Street actions?

Apple remained stable even when it presented a new lower price iPhone model on Wednesday called iPhone 16E, which will reach stores at the end of this month.

The Networks Arista actions fell by 7.5% and analysts see the possible cause in an interannual decrease in the income of Meta Platforms (-2%), an important client of the network equipment supplier.

On the other hand, the shares of Occidental Petroleum rose 4% after the oil and gas company revealed production forecasts that did not reach the estimates, but announced plans to get rid of some of its UPSTREAM assets for US $ 1,2 billion .

Meanwhile ETSY INC, fell 8.5% after informing that their revenues from the fourth quarter did not reach the expectations of Wall Street.

The titles of Barrick Gold Corporation experienced an increase of 2.7% before an agreement between the company and the Mali government, indicating the end of a dispute that lasted for almost two years around mining operations in the country .

The Canadian mining giant has signed an agreement that potentially resolves its confrontation with Mali with respect to the Loul-Gounkoto mine.

Commodities: Uranium in the sights

This week, RBC Capital Markets addressed the recent fall in uranium actions, attributing it to an exaggerated reaction to the comments of US President Donald Trump about nuclear reduction conversations.

In a statement issued on Thursday, February 13, President Trump expressed his intention to reactivate discussions on nuclear weapons control with Russia and China, with the aim of “denuclearizing” and reducing nuclear defense spending. Despite the lack of a detailed schedule or specifications, these comments raised concerns about a possible increase in uranium supply due to highly enriched uranium conversion (HEU) to low enrichment uranium (LEU) for commercial use.

RBC analysts consider that the possibility of a significant reduction of nuclear weapons and the subsequent conversion from Heu to Leu for commercial nuclear reactors is still unlikely. In addition, even if such a scenario materialized, they estimate that any additional uranium supply from Heu’s conversion would not impact the market until after 2035.

The RBC analysis suggests that the foundations of the uranium market remain solid, and the firm maintains a positive perspective on the long -term sector.

In conclusion, RBC Capital Markets reaffirms its optimistic position on the uranium market, stressing that the recent massive sale of shares does not reflect the long -term potential of the industry.