Wall Street is trading in negative territory this Wednesday morning.

At 10:50 am (Brasilia time) this Wednesday (8), the main stock indices of Wall Street They were operating in a negative field. Dow Jones Industrial Average (DJIA) It showed a moderate decrease of 0.97%, at 52,413.08 points. S&P 500 and the Nasdaq They recorded losses of 0.66% and 0.54%, to 7,454.32 points and 25,679.22 points, respectively.

On the other hand, in the market of TreasuriesThe yields on the two-year bond rose from 4.197% to 4.229% per year. Meanwhile, the yield on the ten-year bond climbed to 4.586% per year.

This morning, the market is reacting to the new escalation of tensions in the Middle East, which is causing oil prices to rise more than 5% in the international market. Two commercial ships and an oil tanker were hit by Iranian missiles earlier this week in the Strait of Hormuz region. In response, the United States attacked more than 80 military targets in the Persian country yesterday (7).

Furthermore, in a speech given last night, US President Donald Trump stated that the memorandum of understanding signed with Iran, which foresaw an end to the conflict between the parties, is "over," adding that dialogue with Tehran will not continue.

Due to instability in the energy market, the shares of major oil companies, such as Chevron (CVX) and the ConocoPhillips (COP) They advanced 2% and 2.45%, respectively. 

On the economic agenda, the highlight is the minutes from the last meeting of… Federal Open Market Committee (FOMC) of Federal Reserve (Fed)The document, scheduled for publication at 3 PM, should provide clearer signals regarding the interest rate policy of the institution's new president. Kevin Warsh.

This text was translated by machine from Brazilian Portuguese.