Wall street once again take a break immersed in its climb to new historical highs. The futures of the main US indices thus anticipate a correction after the good increases recorded in previous sessions.
Tech and airlines are leading the declines on Tuesday. The former, after being the engine of the climbs and, the latter, as one of the sectors most exposed and punished by the coronavirus.
The Fed alerts the market. Atlanta Federal Reserve Chairman Raphael Bostic has warned that the economic recovery may be stalling. "We are looking at a couple of things that can be troubling and suggest that the trajectory of the recovery is going to be more daunting than some think," Bostic said.
"From the Fed we are studying whether it is a sustainable pattern or is it just a pause (of recovery)," he added. "Our greatest concern ands to know if the job losses we are seeing are really going to be temporary or permanent ", Add.
In the raw materials market, oil corrects and plays the $ 40 (in the case of Brent) in the face of excess inventories in the US, which continues to put pressure on the shale.
Across the Atlantic, the Ibex stands at 7,400 points and falls alongside the rest of Europe, especially after the poor forecasts of Brussels. Finally, in Asia the stock markets have continued sweet and closed with new increases this Tuesday.
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