At 10:45 am (Brasilia time) this Tuesday (23), the main Wall Street stock indices were showing losses. The Dow Jones Industrial Average (DJIA) It fell 0.21%, to 51,603.26 points, while the S&P 500 and the Nasdaq They fell 1.04% and 1.58%, to 7,395.56 points and 25,752.05 points, respectively.
In the market of TreasuriesThe yield on the two-year bond fell from 4.239% to 4.200% per year, while the yield on the ten-year bond dropped to 4.486% per year.
In the corporate market, the indices were pressured by the technical movement of profit-taking involving the technology sector, particularly manufacturers of semiconductor chips and artificial intelligence, such as… Microsoft (MSFT) and the Amazon (AMZN).
In international news, the market continues to track the fall in oil prices. Traders are monitoring progress in negotiations between the US and Iran, which fuels expectations of a gradual normalization of maritime traffic through the Strait of Hormuz.
The US announced a temporary suspension of sanctions against Iran for 60 days, following the first rounds of negotiations for the peace agreement being built between the two countries.
US President Donald Trump stated that he will continue to monitor Tehran's compliance with the commitments made and declared that he will take further action if the terms of the agreement are not respected.
Regarding economic indicators, the S&P Global It was announced that the preliminary reading of Purchasing Managers' Index (PMI) – Manufacturing The US inflation rate rose to 55.7 in June, up from 55.1 in May, exceeding the market projection of 54.6.
The entity also projects that the PMI Composite – which includes the service and manufacturing sectors – rose from 51.5 in May to 52.2 in June.
A preliminary reading of Services PMI It indicates that the indicator should register an increase from 50.7 to 51.3 in the period, compared to an expectation of 51.1.
This text was translated by machine from Brazilian Portuguese.