Wall Street is trading in positive territory this Wednesday morning.

At 10:52 am (Brasilia time) this Wednesday (17), the main stock indices of Wall Street They operated in the positive field. Dow Jones Industrial Average (DJIA) advanced 0.36%, to 52,188.95 points, while the S&P 500 and the Nasdaq They recorded increases of 0.18% and 0.32%, to 7,524.88 points and 26,460.81 points, respectively. On the other hand, in the market of TreasuriesThe yield on the two-year bond fell from 4.068% to 4.066% per year, while the yield on the ten-year bond dropped to 4.433% per year. This morning, the market adopted a cautious stance ahead of the announcement of the interest rate decision. Federal Reserve (Fed)The meeting is scheduled for 3 PM. This will be the first meeting led by Kevin Warsh as head of the US central bank. The prevailing expectation among investors is that the benchmark interest rate will remain in the range of 3.50% to 3.75% per year. In addition to the decision, market participants are closely watching the new chairman's press conference for signs about the next steps in US monetary policy. In the corporate market, SpaceX shares remained prominent after their recent Nasdaq debut. The shares continued to advance and, according to traders, the company was already approaching the market value of some of the largest global companies. The technology and semiconductor sector also registered gains in the session. In the geopolitical scenario, oil prices rose again after three consecutive sessions of decline. The movement was driven by increased uncertainty surrounding negotiations between the US and Iran. During the G7 Summit in France, US President Donald Trump stated that the memorandum of understanding negotiated with Tehran does not yet represent a definitive agreement. “It’s a memorandum of understanding. And if I don’t like it, we’ll attack them again. If they don’t behave, we’ll act again,” declared the US president. Among the economic indicators, US retail sales advanced 0.9% in May compared to April, exceeding the market expectation of a 0.5% increase. In April, sales had registered growth of 0.4% compared to March, a figure revised from an originally estimated increase of 0.5%.

This text was translated by machine from Brazilian Portuguese.