The New York Stock Exchange closed on Monday, and at the beginning of the week, little is clogged with the possibility of budget paralysis in the United States (“Stop”), which should be noted by the publication of several performance indicators.
Dow Jones won 0.15%, NASDAQ index 0.48%, and the increased S&P 500 index took 0.26%.
The session “was very calm, without something special, to report at the level of the economic calendar”, commented by AFP Christopher Law from FHN Financial.
“Investors hope that the numerous economic data planned this week will declare the energy of employment,” says Jose Torres from interactive brokers.
And at the same time, they “mean that solid numbers can jeopardize the prospects of lower indicators,” the analyst added.
The Central Bank of the United States (FRS) began in mid-September the path of monetary softening due to slowdown in the labor market, despite the fact that inflation is still much higher than the target of 2%.
Among the most anticipated publications this week is the ADP report in the private sector planned on Wednesday, and the monthly report of the US Department of Labor, which is expected on Friday morning.
Prior to this, the Jolts employment report for August, in which the number of vacant posts in the United States has been listed, should be published on Tuesday.
But if not a single budget, even temporary, will be accepted by Tuesday, the United States will experience a new “stop”, which can postpone the publication of several indicators.
“In the past,“ closing ”were very stressful events for the market,” because “they were associated with the conflict on the ceiling of debts,” recalls Christopher Law.
Since this time is not so, “there is no risk of lack of payment”, which creates a “significant difference” for an American place, a judge of the analyst.
Wall -stroke can even “let you lose several weeks” without the publication of official economic data, says Mr. Lowe.
On the other hand, according to him, “if it lasts more than two weeks, this is a different story, because there is a time when people feel uncomfortable in the idea of the lack of any signs to measure the overall activity” of the country.
In the bond market, the profitability of American state loans at ten years old is expressed around 8:20 pm. GMT by 4.14% against 4.18% at the end on Friday.
As for the company, the publisher of the video game Electronic Arts (EA) won from the announcement of its acquisition by the consortium of investment companies, including the Saudi Sovereign Foundation PIF, to evaluate about 55 billion dollars.
The name of the creator of the football games EA Sports FC (Ex-Fifa) and simulation simulators took 4.50% of $ 202.05. On Friday, the action has already risen by almost 15% after information about the press causing this acquisition.
Companies specializing in Cannabis were made by Donald Trump's publication about his social network “Truth” video advertising cannabinoid virtues for the elderly.
Cannabis Aurora grew by more than 28%, a canopy growth by more than 17%, Tilray rose 60%and Cronos by more than 12%.
In addition, the British pharmaceutical giant Astrazeneca announced on Monday that she intended to request a direct rating of her actions in New York to attract more American investors, while the sector invested in the United States in the middle of the trade war, begun by Donald Trump.
