Wall street try bouncing again. The main US indices trade with rises supported, for a change, in technology. The FAANG they ended up deflating this Thursday and, with them, the country's stock markets, something in which the Democratic blockade of a new round of stimulus had a lot to do with it. But this Friday they are betting on green, and that is felt in the Dow Jones, the S&P 500 and the Nasdaq, which are up 0.4% on average.
This Friday the CPI data for the month of August was known, which has fallen from the previous 0.6% to the current 0.4%. The consensus of analysts expected it to stand at 0.3%.
"The next couple of sessions will be crucial to judge the possible extension of the pullback of the bags and the 'bulls' will be watching for any signs of positive divergences," he says Ken berman, strategist Gorilla Trades. On the business front, Amazon is being accused of inflating commodity prices in full pandemic.
At least according to Public Citizen, one of the consumer defense organizations. The Washington-based group has analyzed various products offered by Amazon And, according to its report, the multinational has taken advantage of the coronavirus crisis to charge up to 1,000% more for some of its assets.
On the other side of the Atlantic, the Ibex rises its falls under pressure from all its great values. Finally, in Asia the stock markets have closed in green led by the Chinese compound Shenzhen.