At 10:36 am (Brasilia time) this Monday (18), the main stock indices of Wall Street They operated in opposite directions. On one hand, the Dow Jones Industrial Average (DJIA) It fell 0.10%, to 49,477.63 points, and the S&P 500 showed a downward bias (-0.08%), at 7,402.31 points; on the other hand, the Nasdaq It rose 0.07%, to 26,242.85 points. In the market of TreasuriesThe yield on two-year bonds fell from 4.075% to 4.063% per year, while the ten-year bond yield dropped to 4.588% per year. This morning, with no relevant economic indicators expected in the United States, investors remain attentive to developments in the Middle East crisis. The market continues to monitor the diplomatic impasse between Washington and Iran, a situation that keeps the Strait of Hormuz practically closed and sustains volatility in the global oil market. On Sunday (17), President Donald Trump stated that Iran needs to "get moving" or "nothing will be left." At the same time, a Pakistani source informed Reuters that Pakistan shared with the US a revised Iranian proposal to end the conflict in the Middle East. According to the source, the parties "don't have much time" to reduce their differences. Another factor of caution for the market continues to be the US interest rate scenario. Inflation data released last week reinforced the perception that the Federal Reserve (Fed) should keep interest rates high for longer, despite pressure from President Trump for the new central bank chair, Kevin Warsh, to cut interest rates. In the corporate sector, investors are awaiting the quarterly earnings reports from major retailers and technology companies. Nvidia releases its results on Wednesday (20), while Target and Walmart publish their numbers throughout the week.
This text was translated by machine from Brazilian Portuguese.