Wall Street stocks are advancing this Friday morning.

At 11:10 am (Brasilia time) this Friday (12), the main Wall Street stock indices showed gains. The Dow Jones Industrial Average (DJIA) It advanced 0.83%, to 51,268.89 points, while the S&P 500 and the Nasdaq They recorded gains of 0.50% and 0.24%, to 7,431.17 points and 25,871.22 points, respectively.

In the market of TreasuriesThe yield on the two-year bond rose from 4.072% to 4.089% per year, while the yield on the ten-year bond rose to 4.489% per year.

In the corporate world, the market is watching the debut of SpaceX (SPCX) on Nasdaq. The company raised $75 billion in its initial public offering of shares (IPO), the largest initial public offering ever recorded, with shares priced at US$135 and an estimated market value of US$1.77 trillion. 

In the macroeconomic field, the University of Michigan Consumer Sentiment IndexThe index, released recently, showed significant relief in June, advancing about 4 points compared to May, when it hit a historic low of 44.8 points.

The positive result was driven by relief over falling gasoline prices. "The improvement was broad—observed across different age groups, education levels, and political affiliations—especially among low-income consumers, a segment in which gasoline represents the most significant portion of the budget," explained DA Economics.

In international news, market sentiment continues to be influenced by progress in negotiations between United States and IranThe possibility of an agreement to end the tensions in Middle East increased investors' appetite for risk.

On the eve (11), the US president, Donald TrumpHe stated that negotiations have progressed and indicated that an agreement could be formalized in the coming days. According to information from BloombergIranian authorities also acknowledged progress in the negotiations.

The expectation is that a possible agreement will be signed this weekend, in Genevain Switzerlandbefore the meeting of G7, which will take place between June 15th and 17th.

This text was translated by machine from Brazilian Portuguese.