Wall Street up. S&P 500 one step away from the record, but the Customs Conditions are coming back

The Thursday session at Wall Street ended with the growth of the main indexes, and the S&P 500 is only one step away from the record of all time recorded in February 2025. The latest Makro data was in the investors' attention center.

Dow Jones Industrial at the closure increased by 0.94 percent. and amounted to 43,386.84 points

S&P 500 at the end of the day increased by 0.80 percent and amounted to 6,141.02 points

Nasdaq Composite increased by 0.97 percent Up to 20,167.91 points

The index of companies with medium capitalization Russell 2000 is growing by 1.55 percent. Up to 2,169.33 points

The VIX index drops by 1.25 percent, to 16.57 points

Investors analyze information that US President Donald Trump is considering appointing the new head of the American federal reserve earlier.

Cash markets are currently valuing 2 percent rate discounts. by the Fed until the end of 2025 – the first reduction in interest rates in September is more likely than July.

Markets' attention also focused on the end of the end of the US's duties on July 9. On Thursday, the EU leaders are to transfer their position to the European Commission whether they prefer to conclude a quick trade agreement with the USA, even if it means granting better conditions to Washington, or to escalate the dispute in the hope of obtaining a more favorable result.

July 8 is the date of entry into force of the so -called Ceals on the occasion of the Liberation Day after a 90-day break, and July 9 is the deadline for the EU conclusion to avoid duties of 50 percent.

Leavitt's comments additionally confirmed the main reason for the surprising market reflection from the April minimum: President Donald Trump will never implement these huge tariffs “on the occasion of the Liberation Day”, which he announced in April and finally rejected when they shook the markets.

Still high profits of enterprises, stable labor market and recovery of artificial intelligence have also contributed to the reversal of the situation on American stock exchanges.

S&P 500 increased by more than 26 percent From its daily minimum this year after the closing of the bear market in the peak of fears about the tariff in April. After traveling both ways, the index increased by over 4 percent. from the beginning of 2025.

Technological giants helped to raise the index of the wide market on Thursday. Nvidia increased by 1 percent, reaching a new record of all time. Meta platform shares gained over 2 percent, while Alphabet increased by 1.2 percent.

Nvidia shares increased rapidly by over 40 percent. From the lowest level on the market in April, after the fears of Chinese competition and the slowdown of expenditure on artificial intelligence have proved to be unjustified.

Focused on NASDAQ 100 technology, at the beginning of this week, he achieved a new record thanks to the increases in the price of the company dealing with integrated circuits.

The geopolitical risk, which fueled concerns at Wall Street, also weakened in recent days, and initially the fragile suspension of weapons between Israel and Iran has remained so far. Trump said on Wednesday that the meeting of US representatives with Iran will probably take place next week. Oil prices dropped rapidly this week after the initial growth, alleviating concerns about inflation.

On Thursday, investors received a large portion of the latest macro data from the American economy.

The number of contracts for the sale of houses signed by Americans in May increased by 1.8 percent. month to month – the National Association of Realtors said.

Analysts from Wall Street expected that the number of contracts for the sale of houses increased by 0.1 percent. A month earlier, the number of signed contracts for the sale of houses (Pending Home Sales) fell by 6.3 percent. MDM.

The number of people applying for the unemployment benefit for the first time last week in the US amounted to 236 thousand. Economists expected that the number of new unemployed would amount to 243 thousand. towards 246 thousand Previously, after correction with 245 thousand

The number of unemployed continuing the collection of the allowance was 1.974 million a week, which ended on June 14. Analysts expected 1.95 million against previously recorded 1.937 million, after a correction from 1.945 million.

The US gross domestic product in the first quarter fell by 0.5 percent. In the immersion (Saar) quarter to the quarter – the trade department said in the third, last calculation. In the second calculation, –0.2 percent were estimated.

In the fourth quarter of 2024, the US GDP increased by 2.4 percent, and in the third quarter of GDP increased by 3.1 percent.

Private consumption increased by 0.5 percent in the first quarter, compared to 4.2 percent. in the previous quarter. In the second calculation, 1.2 percent were estimated.

The base PCE deflator was 3.5 percent in the first quarter of the KDK immersion, compared to the second calculation at the level of 3.4 percent. and 2.6 percent in the previous quarter. The PCE deflator is a measure of inflation preferred by the American federal reserve.

Orders for permanent goods in the US in May increased by 16.4 percent. MDM in view of the expected growth by 8.5 percent and a decline by 6.6 percent A month earlier, after correction – the Department of Trade in the first calculation informed.

Orders for permanent goods, excluding means of transport in a monthly basis, increased by 0.5 percent. compared to 0.0 percent A month earlier, after correction. Here, 0.0 percent were expected. MDM.

The supplies of American wholesalers in May dropped at 0.3 in a month to month – the trade department said in the initial reading. Expected +0.2 percent A month earlier, supplies increased by 0.1 percent, after correction.

On the oil market, contracts for WTI in August increase by 0.83 percent. up to USD 65.46 per barrel, and August Futures on Brentures grow by 0.40 percent. up to 67.95 USD/B. (PAP)

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