Interest rate worries on Wall Street are beginning to recede. Stockbrokers are hoping for a weakening of the inflation rate. US inflation data will already provide information this Tuesday and will have a significant influence on the further interest rate policy of the US Federal Reserve.
Wall Street sentiment is improving ahead of much-anticipated inflation data. The Dow Jones Index of Standard Values and the broader S
Above all, heavyweights such as Apple, Amazon and Microsoft were able to recover from recent losses with a plus of up to 3.12 percent. That gave the Nasdaq a boost. Resurgent interest rate concerns had put growth companies under pressure last week. Investors are now looking forward to the US inflation data expected for Tuesday, which experts say will help determine the further interest rate policy of the US Federal Reserve.
If consumer price inflation continues to slow as expected, it would be excellent news for the stock market, said Konstantin Oldenburger, a market analyst at brokerage firm CMC Markets.
However, if the downward trend were to be interrupted and the data showed a rise in the core rate again, the dam would probably break first. Experts polled by Reuters expect the inflation rate to fall to 6.2 percent in January from 6.5 percent in December. Brent crude oil and US light oil WTI prices turned negative.
In the case of the individual stocks, investors from Meta reacted happily to a report by the "Financial Times", according to which the Facebook parent is planning further job cuts. The shares rose by almost three percent. In November, the US group had already laid off 11,000 people - or 13 percent of the workforce. At the beginning of February, the Facebook parent announced that it wanted to reduce its spending by five billion dollars in the current year. The shares of Bed, Bath
