At 10:41 am (Brasilia time) this Thursday (2), the main stock indices of Wall Street They were operating in positive territory. Dow Jones Industrial Average (DJIA) It was up 0.52%, at 52,579.56 points. S&P 500 and the Nasdaq They recorded profits of 0.43% and 0.21%, at 7,515.61 points and 26,093.57 points, respectively. In the market of TreasuriesThe yields on the two-year bond fell from 4.183% to 4.127% per year. Meanwhile, the yield on the ten-year bond rose to 4.475% per year. This morning, investors were reacting to the release of the June employment report (payroll) in the United States, which came in below market expectations. According to… Department of Labor (DOL)The U.S. economy created 57,000 non-farm payroll jobs in June, a slowdown compared to the 129,000 jobs added in May (revised figure from 172,000). The market had projected the creation of 114,000 jobs. Despite the slowdown in job creation, the unemployment rate fell to 4.2%, below analysts' expectations, who had predicted stability at 4.3%. Also in the labor market, the DOL The Central Bank reported that initial jobless claims totaled 215,000 in the week ending June 27, below the 219,000 expected by the market and slightly lower than the revised 216,000 of the previous week. These indicators reinforce investors' expectations regarding the next steps in monetary policy. Federal Reserve (Fed)On Wednesday (1st), the institution's president, Kevin Warsh, reiterated the central bank's commitment to inflation converging to the 2% target, indicating caution regarding the start of a monetary easing cycle. According to the tool FedWatchof CME GroupMost of the market continues to project an interest rate hike by October, with the possibility of a further adjustment by the end of the year. In the energy market, investors also followed developments in indirect negotiations between the United States and Iran, mediated by Qatar. According to sources cited by Reuters, representatives of the two countries concluded a two-day round of talks in Doha, addressing topics such as the resumption of navigation through the Strait of Hormuz and the unblocking of Iranian financial assets. According to the Qatari Ministry of Foreign Affairs, a new round of negotiations is expected to take place after the funeral ceremonies for Iran's Supreme Leader, Ayatollah Ali Khamenei, scheduled for July 9.
This text was translated by machine from Brazilian Portuguese.