Wall Street is preparing to close the first session of the week with positive variations, as the latest employment report in the United States continues to echo, which supported the expectation that The Fed may make interest rate cuts in 2024.
He Nasdaq recorded an increase of 1.19 percent, at 16,349.25 points, followed by the S&P 500 with 1.03 percent, at 5,180.74 units, and the Dow Jones, which added 0.46 percent, was at 38,852.27 points.
The president of the Federal Reserve Richmond, Thomas Barkin, indicated “I am optimistic that the current restrictive level of rates can alleviate demand so that inflation returns to our goal. “The full impact of higher rates is yet to come.”
In the rest of the global operations we also see green slates, particularly in Europe the indices that increased the most were the FTSE MIB in Italy with 1.06 percent, at 33,986.90 integers and the second largest increase was recorded by the DAX in Germany with 0.96 percent, at 18 thousand 175.21 points.
Locally, both stock markets recorded green numbers by showing increases of 0.26 percent, in the 57 thousand 282.95 integers for the S&P/BMV IPC of the Mexican Stock Exchange and the FTSE-BIVA of the Institutional Stock Exchange added 0.28 percent with one thousand 173.70 units.
Oil prices
Oil prices show advances of 0.47 percent for West Texas Intermediate (WTI) at 78.48 dollars per barrel and the Brent benchmark increased 0.65 percent at 83.50 greenbacks per unit, increases that occurred after Israel decided to reject a ceasefire and plans to continue its operation in Rafah to exert military pressure on Hamas.
