Indexes for Wall Street began on September with declines. Investors are waiting for data from the labor market

2025-09-02 23:44
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2025-09-02 23:44
Indexes on the American stock exchanges were reduced at the end of Tuesday's session. Investors evaluate prospects for the stock market and wait for data from the labor market on Friday.


Dow Jones Industrial at the closure fell by 0.55 percent and amounted to 45,295.81 points
S&P 500 at the end of the day fell by 0.69 percent and amounted to 6,415.54 points
Nasdaq Composite lowered by 0.82 percent Up to 21,279.63 points
The index of companies with medium capitalization Russell 2000 drops by 0.6 percent. up to 2,352.34 points
The VIX index grows by 6.5 percent up to 17.15 points
Investors are waiting for the August Payrolls from the American labor market this week. According to the survey conducted by the Reuters agency in August, the number of jobs outside agriculture in the US increased by 78 thousand. In view of the increase of 73 thousand a month ago.
The data published on Tuesday shows that the ISM indicator showing activity in the US industry in August was 48.7 points. towards consensus 49 points and 48 points last month.
Markets will also focus this week on the quarterly results of retail sellers, including Macy's and Dollar Tree to assess the condition of the American consumer towards Donald Trump's customs policy.
The sale in the technology sector, which took place last week, deepened. Nvidia Corp. She noted the largest decrease among the so -called companies magnificent seven, losing 2 percent Amazon and Apple shares fell by 1 porce.
The shares of gold mining companies increased after the bullion prices reached a record level. Harmony Gold shares recorded on the US Stock Exchange gained 7.5 percent, Kinross Gold is growing by 2.5 percent, and Newmont by 2 percent.
Constellation Brands shares fell by 6.5 percent After the brewery reduced its results forecasts for the whole year, citing the poor demand of consumers.
Kraft Heinz shares fell by 7 percent The giant of consumer goods will divide into two listed companies.
Pepsico shares increased by 1 percent After Elliott Management revealed $ 4 billion in the company producing drinks, starting the activist campaign.
Fortinet shares fell by 2.5 percent After Morgan Stanley reduced the recommendation for the action of a company dealing with cybersecurity to “underweight” with “balance”.
In the near future, according to Mike Wilson, the main Strategist of the USA in Morgan Stanley, American shares can still rise after four months of increases, because possible reductions of interest rates by the federal reserve converge with solid results of enterprises.
Evercore ISI strategists predict that by the end of 2026 the S&P 500 index will increase by another 20 percent. in the face of enthusiasm around artificial intelligence.
According to the CME Group Fedwatch tool, markets value about 90 % A chance to reduce interest rates by 25 pb. At the Federal Reserve meeting at the end of this month.
On Monday, the US markets were closed due to the celebration of the Labor Day. According to data collected by LSEG, the S&P 500 index lost 1.5 percent in September. from 2000
On the oil market, contracts for WTI in October increase by 2.55 percent. up to USD 65.65 per barrel, and the November Futures on Brentures grow by 1.5 percent. up to 69.16 USD/B. (PAP)
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