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The Futures stock indexes were slightly lower on Monday, after Dow reached the record on Friday after the chairman of the Federal Reserve Jerome Powell in Jackson Hole.
Futures S&P 500 (SPX) -0.1%Nasdaq 100 Futures (US100: Ind) -0.1%and Futures Dow (Indu) -0.1%.
The 10-year treasure profitability (US10y) was flat at 4.27%. 2-year performance (US2Y) increased by 1 basic point to 3.72%.
“Powell’s speech in Jackson Hole last week was a classic Powell. This is not a very good thing. Powell signaled the increased probability of lowering the September rate to counteract damage to commercial taxes for the American economy,” said Paul Donovan UBS.
Markets liked it. Donovan added, however, that it was essentially “dependent on the data” of a mantra with additional rhetoric.
“The markets ended last week in a current mood as a dove, Powell’s tilting in Jackson Hole, which investors made investors more confident in the upcoming Fed extension. While Fed News will continue to pay attention this week, it will also focus on a lot of inflation publications,” said Peter Sidorov from Deutsche Bank.
Investors will also observe the results of NVIDIA (NVDA), which will appear on Wednesday after closing the market.
“Finally, the great event in corporate earnings will be the results of NVIDIA, which appeared when technological actions saw their largest five-day withdrawal from April before the Friday rally,” Sidorov added.
The Lipcy PCE price index will appear on Friday.
