S & P500 and Nasdaq with new records. The market flows on the wave of lower feet

Another session this month at Wall Street ended with new records of all time of the main stock exchange indexes. Shares are more expensive on the wave of expected interest rate reductions in the federal reserve.

The S & P500 index gained 0.49% on Friday and ended the day at 6 664.36 points. At the very end of the session, improving the bullshit peak established the day before. Nasdaq Composite increased by 0.72%, reaching a height of 22 631.48 points. The industrial average of Dow Jones, having gained 0.37%, reached a ceiling of 46 315.27 points.

In this way, all three main New York indexes have set new records of all time. Wall Street is currently in champagne moods and is celebrating a change in monetary policy in the federal reserve. At both this year's FOMC meetings (in October and December), 25-punk reduction of federal funds are expected. The market came to the conclusion that short -term interest rates in the US will soon equalize inflation and that it is a giant stimulant for the valuations of growth companies.

It was the third upward week in a row on the American stock market. Over the last 5 sessions, S & P500 rose by 1.2%, Nasdaq by 2.2%, and Dow Jones over 1%. So far, New York indexes also have a positive September, which is statistically the weakest month on Wall Street.

– Although September historically brought declines, this year's market did not comply with this scheme – since March it increased by 35 percent. Thanks to strong technical and fundamental factors, “said Mark Hackett, the main market strategist in Nationwide.” Still, considering that the S&P 500 index is recorded after 22 times of future profits, and the variability is limited, the consolidation period would be a normal and healthy phenomenon, he added. “

Hossie is also not disturbed by the stable growing results of the stock exchange corporations. On Friday, investors were positively surprised by Fedex, who in the previous quarter had reported profits and revenues above the median of analysts' forecasts. This is a great achievement for a courier company, addicted to the world trade and consumer moods in the USA. FEDEX shares increased by 2.4%.

Apple's actions went up by 3.2%. Bank Morgan analysts raised the target price of the “well -known fruit company”. Strong increases were once again observed among fashionable technology companies. Palantir's quotations went up by 3.1%, Oracle by 4.1%, and synopsys by 3.2%.

KK

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