New closing fear and customs duties restrict Wall Street profits
US stocks rose on Monday, starting with a positive achievement, even with concerns about the new customs tariffs, the possibility that the government closes and awaits great economic data for the profits. The S&P 500 index closed 0.3%, led by consumer goods and technological sectors. The worst energy sector was among 11 sectors in the market, as the price of crude oil in November in anticipation of another production dropped by the “OPEC+” coalition, which exacerbates the fear of the exhibition. Robin Hood Markets led the index profit, supported by strong trading sizes. Also read: Oil prices are declining with the expectation of an increase in OPEC+supplies in November the Nasdaq 100 index, dominated by the technological sector, increased by 0.4%, while the Dow Jones Industrial Index rose 0.2%. Adam Karshavoli, the founder of the company “Vital Knowledge”, said in a memo that technology on Monday “bears the biggest burden”. This height came despite the possibility that the US government closed from October 1, which is very ignored by investors. Also read: What happens when the US government is closed? Luis Navillier, chief investment officer at Navelier, said about the market response. Senior leaders of the congress will meet with Trump at the White House to discuss a short spending bill before the deadline to avoid the closure of the government. History indicates that the fear of government can push the supplies, at least in the short term, according to intelligence blood. The S&P 500 index fell by 15% in the first few weeks of December 2018 before the government closure, and according to Nathan Dean and Jellyan Wolf of Bloomberg Intelligence. Waiting for important US economic data at economic level, the upcoming data includes the report of the report “Jolts and Employment Mentality” on Tuesday on jobs in the United States, in addition to the Non -Agricultural Salary Report issued on Friday and consumer confidence issued by the Conference Council. Traders monitor the labor market in search of any indicators about more decline, which can stimulate more bets on more interest rates from the Federal Reserve. “The positive morale versus the shares is related to the hope of interest rates, but the actual data has been very good recently,” said Brian Nick, head of the portfolio investment strategy at New Edge Wealth. He added: “We see the continued high estimates of GDP growth for 2026, and it supports profit estimates that need to be achieved to support shares with these high reviews.” The Goldman Sachs group, including Christian Muller-Legmann, recommended the purchase of shares until the end of the year, pointing out optimistic growth expectations and the propensity for good performance in the economic slowdown at the end of the economic cycle when the federal reserve policy was strong. The team wrote in a memo that “the good growth of profits, reducing the Federal Reserve of Monetary Policy without stagnation, and reducing the global financial policy will continue to support shares.” He added: “While the recession continues, we will buy shares if they fall until the end of the year.” Market technical analyzes, John Kolovus, the main technician strategy at Macro Risk Advisors, believes that the Standard & Poor’s index in the long run is still optimistic, but it is not completely guaranteed. He added: “From the perspective of the pure graph, it is not possible to exclude a consolidation phase before the next phase of the height, as the decline will be yesterday without the slightest level of its Federal Reserve record yesterday near 6550 starting points.” Optimistic morale to US equities forced the assessments to rise. At some point last week, the S&P 500 index reached a level that only exceeded the collapse of the internet bubble in the early first decade of the twenty -first century, and the recovery of the pandemic in the summary of 2020. But a growing number of Wall Street analysts. Assessments may be justified in the Modern Stock Market, Pointing to factors such as improved liquidity of the stock market, and the permanent rise in profit productivity, and profit productivity and innovation courses that have accelerated throughout history. On a cautious level, investors monitor balance at the end of the quarter of US retirement funds, which can cause some stock pressure. Goldman Sachs trade office models indicate that pension funds will sell $ 19 billion in US equities by the end of the month. These ranks are 89 among all the estimates of purchase and sold at the absolute dollar value over the past three years, and the 89th rank since January 2000.