publication
2025-08-04 22:10
Monday brought the relief of Friday's declines on New York stock exchanges. Berkshire Hathaway, who made a substantial copy of the not very successful investment in the Ketchup producer, shone among the largest companies.
It was a clearly upward session. The industrial average of Dow Jones went up by 1.34% and ended the day at a ceiling of 44,173.64 points. The S & P500 index, having gained 1.47%, finished with a score of 6,329.94 points. Nasdaq Composite increased by 1.95% and arrived at a height of 21,053.58 points. At the end of July, S&PC and NASDAQ set new records of all time.
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It was a relaxation after a strong discount from Friday, when poor data from the American labor market and the entry into force of high duties to goods imported, among others From Canada and Switzerland, they broke the moods on Wall Street. But after the weekend, investors apparently calmed down a bit and traditionally decided that bad news was good news.
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This is because after the poor July “Payrolls” the chances of the September interest rate in the federal reserve increased significantly. The timely market values such a possibility at 92%, although on Thursday the valuation of such a scenario was less than 38%. It seems that some market participants can play for a replay of last year's script, when after the lack of such expected cutting of feet in July, in September Fed cut the cost of credit by as much as 50 PB.
– Today we are watching a bit of buying a hole. This indicates still good moods, since there is a desire to look for opportunities to enter the market – commented Mike Dickson, head of the Analysis Department at Horizon Investments quoted by the Reuters agency. – There is a bit of concern about the labor market … it seems weaker than people expected. There is also a high probability of a September foot reduction – added Dickson.
However, it is worth remembering that, like a year ago, the American stock market is very susceptible to correction. From the April hole to the July summit, the S & P500 grew by as much as 32%. Nasdaq gained over 44%in the same period. Therefore, the profits lying on the table may tempt them to implement them and to deepen the Friday discount, as was the case at the beginning of August 2024. Statistics also add that August and the first half of September are traditionally a weaker period for Wall Street.
Among the individual companies, the Berkshire Hathaway discount was at the eyes. Conglomerate controlled by Warren Buffetta announced a copy of the value of assets by $ 3.8 billion. It is about updating the value of investments in the Kraft Heinz company, in which Berkshire has 27.4% of shares. This is the second copy of this acquisition made by the “Oracna from Omah” in February 2013. Berkshire Hathaway and 3G Capital then put $ 28 billion on the actions of the Ketchup manufacturer. In 2019, Buffetta wrote a USD 3 billion in this respect.
Tesla was the second company, which was loud at Wall Street. The Management Board of Tesla recommended the granting to Elon Musk shares of the company worth over $ 29 billion. Last year, the Delaware court annulled the previous package of Tesla shares – today worth $ 85 billion – granted to Musk in 2018. In response to the complaint, some shareholders court decided that the company's management board and its independent members have no real independence. Today, Tesla's shares were 2.2%.
