2025-07-31 22:05
publication
2025-07-31 22:05
Despite the sensational quarterly results, the Meta platforms S&P index ended the Thursday session under the line. Nasdaq was also on a small minus, while the industrial average of Dow Jones lost almost 1%.
The S&PC ended Thursday's trade at 6,339.39 points, which meant a regression by 0.37%. It was the third inheritance session in a row performed by this benchmark after S&PC last week, growing for six consecutive days, set a new record of all time.
Despite the successful beginning of the session under the line, Nasdaq Composite was also found, which gave 0.03% and ended the day at an altitude of 21,222.45 points. But Dow Jones had a decrease by 0.74% and went down to 44 130.98 points.
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The very low variability that applies to Wall Street in July is significant. Nasdaq did not record the daily movement by more than 1% from July 3, and S&PC from June 24.
Even in the afternoon, it seemed that the Thursday session at Wall Street would prey with stock bulls and end with new bull market records. Such expectations aroused sensational finish results (i.e. Facebook), which after Wednesday's quotations published the results for the second quarter. Profit for the action turned out to be as much as 20% higher than the expectations of analysts. Zuckerberga also presented forecasts for the current quarter that significantly exceeded the market consensus. The finish shares increased by over 11%.
Microsoft's results were also better than the expectations of analysts. As for such a mature company, an 18 % increase in revenues impressed, which the company founded by Bill Gates owed the expansion of the business of “cloud” services. Microsoft's shares gained almost 4%on Thursday.
Generally, these are very busy days for investors. On Wednesday, they had to “digest” the decision of the federal reserve and the conference of chairman Powell. After which they received another portion of President Trump's poles at the head of the Fed. Trump called Powell a “total loser” because he did not reduce interest rates at the president's request.
The interest rates were not changed on Thursday by the Bank of Japan, which was also not a surprise. In addition, the measure of inflation, preferred by the Fed, turned out to be slightly higher than expectations. The base deflator of consumer expenditure (PCE Core) in June was 2.8%, although 2.7%were expected. This is still clearly above the 2 % inflation target of the federal reserve.
After the session, the results for the second quarter will show, among others Amazon and Apple – the next part of the “wonderful seven”. And at midnight the deadline that Donald Trump gave the rulers of the main US trading partners at the end of customs negotiations. Whoever does not obey is threatened by high import duties, reaching 25% or more. For now, 15% have agreed, among others European Union and South Korea.
However, before the Friday session we will know the July report from the American labor market, after which economists expect 110 thousand. new full -time jobs created in non -agricultural sectors. It would be a relatively poor result, but probably only a significant increase in the unemployment rate would prompt decision -makers in the federal reserve to a sudden reduction in interest rates. At least, this is what the recent statements of the chairman Powell.
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