Wall Street indicators are rising amid data indicating the steadfastness of the economy
The strong sales of US treasury bonds for 30 years have reduced concern that the exacerbation of older women could force investors to buy their mortgages, while the market also rose with the growing poor inflation that the bets fed that the Federal Reserve could reduce interest rates if the economy delayed. On the other hand, the dollar dropped to its lowest level in three years. The stock indicators rose. Auctioned on Thursday for $ 22 billion long -term debts with a yield of 4.844%, less than the prevailing return before the auction date. The S&B 500 index rose for the fourth time in five days. The “Oracle Corp” shares have recorded a record level thanks to strong sales expectations. A geopolitical wave temporarily affected the shares, after ABC reported that Israel was studying the implementation of military action against Iran. The oil has reduced most of its losses. Positive inflation data in the United States is poor during May, indicating that customs duties have not yet led to high prices for consumers and businesses. The producers’ price index rose 0.1% compared to the previous month, while average expectations for the “Bloomberg” polls for the opinions of economists indicating an increase of 0.2%. “For the second day in a row, inflation data is lower than expected, and it gives the federal reserve a room to wait.” He added: “As long as inflation does not rise or fall, and it is better, the federal can be patient and wait for more information on how new customs duties and commercial negotiations are on the part of the price stability later this year, which is part of its double mission.” Trump repeats his federal criticism with the rise of more evidence of slowdown, President Donald Trump has criticized that the Federal Reserve has not moved fast enough to lower interest rates. Trump also confirmed that he did not intend to dismiss the speaker of the council, Jerome Powell, days after his statement that he would soon be announced for his next candidate to lead the central bank. In terms of trading, Trump said he could increase US fees on cars to improve the local automotive industry, a step that would increase the tension in commercial partners. The shares of “General Motors”, “Ford Motor” and “Set In” Fell. Treasury Secretary Scott Besent said there are different assessments about the impact of the tax reduction bill. He added that his personal expectation is that loans will fall for ten years. “Although the shares have restored and approached the standard levels recorded in February, investors may soon ask: What will push the shares beyond this threshold?” He added: “The next market incentive could be a trade agreement with China, expanding tax cuts for the year 2017, or the possibility that the federal reduces the benefit of continuing slowdown of inflation.” Bond yields can become more attractive compared to trading stocks that resist the violent fluctuations in the shares this year due to customs duties, but they have a dilemma today. According to an indication of many people, the effects may offer more attractive returns in the coming years. According to the data of “Bloomberg Intelligence”, according to the data of “Bloomberg Intelligence”, is the equity risk allowance, which investors use to determine the difference between the expected returns on stocks and US treasury bonds. “This means that the stocks became more expensive compared to the effects, than it was most of the past two decades. Increasing the expectations of the” S&B500 “index” became the latest in Wall Street to increase its expectations for the “S & B500” index, after US shares have recovered from the “Tahrir” for the markets in light of the current scene. took.