The actions in Wall Street They ended with disparate numbers on Tuesday, since the data that showed the greatest fall in consumer confidence since August 2021, further fueled nervousness about the economic future, just one day before the presentation of the crucial quarterly results of Nvidia .
In this context The Dow Jones index of industrialists rose 0.37% to 43,621.16 points; The S&P500 lost 0.47% to 5,955.25 points and Nasdaq Composite depreciated 1.35% to 19,026.39 points.
A fact that worries investors
The confidence of the American consumer deteriorated for the third consecutive month in February, according to a survey by The Conference Board. It is the last indicative sign that US households are concerned about the effect that tariffs and inflation could have on the route that the economy in general follows.
The Conference Board said that its consumer confidence index fell to 98.3 this month, below an upward brand of 105.3 in January. It was the largest monthly fall since August 2021. Economists had predicted a reading of 102.7.
The data joined the concerns about the economy after the presentation of a series of weakest variables, including retail sales and consumer confidence readings of Michigan, who pressed the yields of the treasure.
The 10 -year -old bonus played its minimum of 2025
The 10 -year American bond yield, after touching its minimum of 2025 after falling seven basic points to 4.33%, has recovered while Wall Street analysts increase their bets on the next features of fees of the Federal Reserve , according to Yahoo Finance’s analysis.
The markets are increasingly confident that the US economy is weakening and rates reductions will resumesince the uncertainty about the Trump administration policies weigh on commercial expectations.
A two -year bond auction attracted a strong demand on Monday, after Friday’s data showed that the service sector was first contracted in two years in February.
“Alert signals for the American economy are emerging”Said Elias Haddad, Brown Brothers Harriman’s senior market strategist. “One month or two more of bad American economic data would be a hard blow to the narrative of American exceptionalism.”
Swaps are now discounting 54 basic Fed flexibility points for the end of the year, compared to the 48 basic points on Monday. The performance of the two -year treasure bonds fell five basic points to 4.12%.
What happened to some of the Wall Street actions?
Nvidia fell more than 1.5%, adding to its losses of the previous day, when the feeling on chips actions was altered after a Bloomberg News report was known indicating that the White House was in search of hardening the controls of the It was biden on semiconductor technology exports to China, especially Nvidia chips.
Meanwhile, Hims & Hers warned that it could stop selling legal copies of a popular drug to lose weight manufactured by the Danish Novo Nordisk, which caused the actions of the American company of Telesalud to fall more than 21.7%.
The price of the shares of Zoom Communications, on the other hand, fell more than 9% when spreading than the videoconferences group revealed income forecasts for the first quarter and the full year that did not reach the estimates of the analysts.
Even so, the weakest forecast was an “obstacle,” said Wedbush Group and added that Zoom is “well positioned to optimize her sales strategies to better align development opportunities” and see a path for the company to “generate growth Durable profitable in the coming years as new solutions reach the market and provide better experiences to the client. “
Home Depot Inc rose more than 2.5% after reporting the profits of the fourth quarter that exceeded estimates, since comparable sales became positive for the first time in eight quarters.
Among the actions that were most appreciated, Dream (+19%), Goosehead (+17.4%), li car (+13.5%), Thyssenkrupp (+11.8%) and Itron (+10,4 %). Meanwhile, among those that resigned value, Hims & Hers (-21.7%), Sempra (-17.1%), Civitas (-17%), Liva Nova (-15.7%) and Tempus (-15 (-15 , 1%).
Source: Ambito
I am a 24-year-old writer and journalist who has been working in the news industry for the past two years. I write primarily about market news, so if you’re looking for insights into what’s going on in the stock market or economic indicators, you’ve come to the right place. I also dabble in writing articles on lifestyle trends and pop culture news.
