Wall Street prolonged its records in the prior to the definition of Fed rates

Possible trim of the Fed in the spotlight

The Fed will be in the spotlight this week, since the markets are practically sure that the Central Bank will cut interest rates at the end of its last two -day meeting on Wednesday.

Supported by the signals of a Labor market deceleration American, it is widely expected that the political leaders support the first rate cut since the flexibility cycle was arrested in December. Reducing types can, in theory, help boost investment and hiring.

The data published on Monday also showed a deterioration in the New York Empire manufacturing index, which fell to 8.7 in September from 11.9 the previous month.

However, a reduction could increase inflationary pressures at the same time. Last week, the monthly reading of the US Consumer Price Index accelerated slightly due to a rebound in the costs of housing and food, a possible indication of persistent inflation.

However, another indicator that shows an increase in initial applications for weekly unemployment subsidy probably kept the Fed feat cut.

Currently, there is an approximate probability of 95% of loan costs are reduced by 25 points basic, as well as a probability close to 5% of a deeper half -point reduction, according to analysts. The target rate of the Fed is currently in a range of 4.25 % to 4.5 %.

Investors also expect the updated Fed projections and the statements of President Jerome Powell to obtain clues about the trajectory of monetary policy until the end of the year.

Trump proposes to change to a period of semiannual corporate results

President Donald Trump proposes to change the requirements of corporate reports in the eeuu from quarterly to semiannualsuggesting that the measure would save money and improve the management approach.

In a publication on its Truth Social platform, Trump wrote: “Companies and corporations should no longer be obliged to ‘inform’ quarterly (quarterly reports!), But to inform every six (6) months.”

Trump said the change would reduce costs and would allow companies to concentrate more on the effective management of their businesses instead of complying with short -term reporting deadlines.

The proposal would represent a significant change with respect to the current requirements of the stock and values ​​commission (SEC), which require the quarterly presentation of financial reports to companies that are quoted in the stock market in the United States.

Trump also referred to a comparison between American and Chinese business approaches, stating: “Have you ever heard that China has a vision of 50 to 100 years about the management of a company, while we manage it quarterly? What’s wrong! ‘”

The president said that this change would be “subject to the approval of the SEC”, recognizing that its implementation would require modifying measures by the Securities Regulatory Agency.

Wall Street outstanding actions

Alphabetmatrix of Googleclimb 4.3% since for the first time it reached a stock market capitalization of US $ 3 billion, driven by renewed optimism around artificial intelligence and a favorable antimonopoopoolio resolution.

Oracle Corporation It rose 3.4% after the company raised its forecast of cloud infrastructure income and announced new large -scale AI contracts, which promoted the rebound of technological actions. The news reinforced the hopes that corporate investment in AI continues to boost the growth of the sector.

Nvidia 0.04 % fell in the midst of an extension in antitrust research on the American chip manufacturer after finding preliminary evidence that the company violated China’s competence law.

Tesla He shot 3.6% after its executive director, Elon Musk, acquired more than 2.5 million shares of the electric vehicle manufacturer, according to a report presented to the United States Stock Exchange and Securities Commission (SEC).

Hims & Hers It descended 2.7%, after the US Food and Medicines Administration Commissioner (FDA), Martin Makary, said that the announcement of the Telesalud company during the Super Bowl violated federal standards by promoting medicines to lose weight without revealing the possible risks.

Novo Nordisk It grew 1.3% after the European drug agency approved an update of the Rybelsus label to include cardiovascular benefits for patients with type 2 diabetes.

VF Corporation It descended 0.8% after the clothing company announced that it has reached a definitive agreement to sell its Dickies brand to Bluestar Alliance for US $ 600 million in cash.

Envirotech Vehicles, incIt sank 32.8% when the company announced the completion of the first American drone with a load capacity of 680 kilograms, equipped with agricultural fumigation and fire protection functions.