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Wall Street anticipates more hikes and its fourth consecutive session in the green



Wall street He is on his way to his fourth consecutive session in the green to close the week. Corporate results have once again marked the investor's agenda, with Twitter Y Snap fired after being the last to publish their accounts (and beat expectations with them).

"We already saw during the pandemic that technology stocks and their results did it like nobody else, so I think many investors will return to them now that we have seen a resurgence of Covid," he explains Yung-yu ma, chief strategist of BMO Wealth Management.

In macro matters, This Thursday, the weekly US unemployment claims were published, that surprised negatively by growing significantly more than expected by the experts. requests has grown in the last seven days and reaches the 419,000 requests, compared to the estimated 350,000 and the revised 368,000 of the last data.

On the bright side, ongoing applications have dropped by 126,000 to 3.24 million, a new low amid the coronavirus pandemic crisis.

At the business level, the good results of Twitter are giving wings to its competitors on the floor, which are also unmarked with increases, as is the case of Facebook and Alphabet (Google's parent company), with increases of 3% and 2%, respectively.

In addition, both will confess to the market next week with Apple, Microsoft and Amazon, in addition to Tesla, who will do it on Monday.

Intel was another of the companies that rendered accounts to investors this Thursday, with profits that have risen by 12% compared to the second quarter of 2020. Also they updated their forecasts looking ahead to all of 2021, with continued growth estimates even with the return to offices and schools.

Despite everything, the chipmaker falls almost 3% in the stock market. "Intel titles are moving in an erratic and complex movement in recent years. It would seem that since 2018 we have wedged it between $ 43 as a support and $ 69 as a resistance zone, "says José María Rodríguez, an analyst at Bolsamanía.

American Express, which earns 4%, is one of those values ​​linked to recovery that has been talked about so much in recent weeks. It also presented results this Thursday, with profits and income above estimates, being favored by the release of credit reserves and the increase in spending on travel and entertainment.

In other markets, oil West texas 0.25% is left to 71.74 dollars, while the euro appreciates 0.06% and changes to $ 1.1777, the ounce of gold falls 0.35% to $ 1,799, and the profitability of the 10-year American bond goes up to 1,298%. Finally, the bitcoin it rises 0.07% to $ 32,362.

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