Take a fresh look at your lifestyle.

Wall Street anticipates a return to the green with the S&P closing its best August in 40 years

0



Wall street anticipates a return to the rises after starting the week with a mixed sign and only the Nasdaq in green. It is the case of S&P 500, which leads the advances after its best August since the 80s and before the new rises in Manzana and Tesla after their respective splits.

Apple and Tesla, which are already worth seven times more than Ferrari, Aston Martin and Porsche on the stock market, follow Zoom. The company shoots up 27% in the pre-opening after beating all expectations with its quarterly accounts.

The videoconferencing nature of its business has enabled the company to cash in on the pandemic and quadruple its year-on-year revenue in its second fiscal quarter. Walmart advances another 1% after announcing its strategy to compete with Amazon Prime In U.S.A.

Another key quote for investors is in the employment report released this Friday. "Regarding unemployment in the United States, it is important to remember that the new objective of the Fed in terms of inflation can change the market perception of news like this", warn the experts of Invesco.

On the other side of the Atlantic, the Ibex opens a month under pressure from its banks, Telefónica and Inditex, with an eye on the new macro data that is becoming known. Finally, in Asia the stock markets have closed mixed with the Chinese industry expanding at its fastest rate in the last decade.

.



Leave A Reply

Your email address will not be published.