Stocks

The S&P 500 increased by 0.52 % yesterday, reaching the highest level ever for the second day in a row. S& P 500 futures decreased by 0.2 % this morning, indicating that investors do not expect anything dramatic like a collective sale.

Why joy among a lot of imminent misery? Because the deterioration of the macro indicates that the American Federal Reserve may reduce interest rates sooner, not later. Cheap money is usually good for stocks.

The stock market climbs the “anxiety wall”, as Goldman Sachs said in a note seen by luck. The main event will be the job report in the United States this week.

Pantheon’s total economy expects to be impressive: “We are looking to increase 100,000 in non -cultivated salary statements in June, deserved on Thursday, with high functions at the same pace, as well as the rise in the unemployment rate to 4.3 % of this month. Samuel Thompses and Oliver Allen said to customers:“ raising the level of inflation from customs tariffs. ”

Consumer spending is also followed. He decreased by 0.3 %, a month over a month, in May.

Goldman said that if inflation remains low, the Federal Reserve may move in September.

“We are moving forward to expect to reduce the following (federal reserve rate) until September. We previously expected a discount in December because we believed that the effects of the summer peak tariff for monthly inflation will make the embarrassing to lower sooner. Negative risks are close to salaries. ”

Here is a snapshot of the procedure before the opening bell in New York:

• S & P 500 futures contracts It decreased by 0.2 % this morning, Premark.
• S & P 500 It increased by 0.52 % yesterday, to the highest level ever for the second day in a row.
• Japan Nikki 225 It is sold by 1.24 % this morning.
• Hang Kong Hang Singh It was also below, by 0.87 %.
• the Stoxx Europe 600 He was moving down marginally in early trading.