The actions on stock contracts increased Sunday evening while Wall Street is heading for another big week which will offer the income of the leader in the Ai Nvidia fleas and another inflation update.
The markets leave a monster rally on Friday, when the president of the federal reserve Jerome Powell opened the door to a drop in rate next month.
The term contracts linked to the industrial average of Dow Jones increased by 24 points, or 0.05%. S&P 500 term contracts increased by 0.05% and the NASDAQ’s term contracts added 0.06%. Friday, the DOW reached a new summit of all time, while the S&P 500 and the NASDAQ closed their files.
The yield on the 10 -year treasure was 4.256% stable after diving on tariff expectations on Friday. The US dollar fell 0.02% compared to the euro and flat against the yen.
Gold fell 0.13% to $ 3,413.80 per ounce. US oil prices increased by 0.2% to $ 63.79 per barrel, and Brent Brut added 0.15% to $ 67.83.
The overvoltage of Friday’s actions came after a large sale led by technology giants, because doubts have increased on the AI boom and how much it will really help companies.
It was after a recent MIT report found that 95% of AI pilot programs in companies do not produce a large part of a return.
Adding to these concerns were the remarks of the CEO of Openai, Sam Altman, which established a parallel between the frenzy of today’s AI and the Dot-Com bubble of the 1990s.
Wall Street’s faith in AI’s stay of residence as an investment thesis will be put to the test when Nvidia publishes its quarterly results after the closure on Wednesday.
The report also comes after NVIDIA and AMD accepted an unprecedented agreement where they gave the federal government a 15% drop in their flea sales in China.
For the moment, the demand of American companies remains high, because the alphabet, Microsoft, Amazon and Meta, technology giants, and meta-platforms should deploy $ 400 billion in capital spending this year, and most of them should deploy $ 400 billion in capital expenses.
On Friday, the Fed’s favorite inflation gauge is due to what decision -makers expect to see how the prices of inflation president Donald Trump have.
The previous updates on the consumer price index and the price index of producers have been mixed, and analysts expect the personal consumer expenditure index to increase by 0.2% on a monthly basis and by 2.6% on an annual basis, the same annual rate as June.
But the basic PCE is seen climbing 0.3% on a monthly basis and 2.9% on an annual basis, accelerating compared to the annual rate of 2.8% of June.
However, some Fed officials, including Powell, have indicated that the impacts related to inflation prices can be in the short term and that more attention should go to the labor market, which has shown signs of weakening.
