Wall Street indicators are rising amid indicators over the power of the US economy

US stock indicators rose after indicators on the steadfastness of the largest economy in the world, at a time when the dollar regained its momentum, and short -term bonds dropped, while the cryptocurrency sector won a large legislative profit with the transition from the set of stable currencies in the congress. Economically sensitive shares exceeded the broader market with the support of strong retail sales and the decline in unemployment subsidies, as the S&P 500 index entered the 6300 barrier during the session and closed on a new record. The Russell 2000 index, which measures the performance of small businesses, increased by 1.2%. The technological sector also achieved profits after optimistic expectations of the Taiwan “TSMC” business, which strengthened the confidence in the hypocrisy of artificial intelligence. After the session was closed, Netflix announced strong results and increased its future expectations. The dollar resumes its rise and work data increases confidence to a short stop, and the dollar resumes its rise during July, which is expected to be the best year for it so far. Treasury effects have increased for two years, while the mortgage returns have remained without little change for 30 years. The markets are still lower than two reduction in interest rates by the Federal Reserve this year. During June, displacement sales in the US recorded widespread growth, reducing the fear of consumer spending. Meanwhile, the number of requests for unemployment subsidy for the fifth consecutive week has dropped to the lowest level since mid -April, reflecting the durability of the labor market. “As long as the economy continues to expand and unemployment remains low, people will continue to spend, and it will produce higher profits driven by stock prices to more height,” says Chris Zakarili of North Light astet Management. Regarding Jimmy Cox of “Harris Financial Group”, he believes that “consumers exceeded the trauma of customs duties in April, and they returned to spending.” He added: “What we need now is that the Federal Reserve can see sufficient inflation data to indicate that the interest course will start again in September.” Also read: Powell defends the Federal Reserve Renewal Project, David Russell of “Taytit Station”. The opinions of federal officials regarding the reduction of interest have stated the head of the Francisco Federal Reserve branch that it is reasonable to sign a reduction in interest rates this year, and emphasizes that the central bank should not wait long before moving. On the other hand, Adriana Cogarpar said, officials should continue to keep the benefit “for some time” unchanged, and note that inflation accelerates at the beginning of customs duties at prices. The value of non -modified retail purchases rose 0.6% in June, after a decrease in the previous two months. Sales of the “control group” contributing to the government’s account to spend on goods for GDP increased by 0.5%, which ended the first half of the year. Neil Dutta has warned RenisonSance -Makro reserves against excessive optimism, given the high prices of consumer goods in June, Neil Dutta, despite the violation of fragmentation sales of expectations, warned. In turn, Estelle or from ‘Bloomberg Economics’ said it is difficult to distinguish whether most of the recovery is due to price increases or the strong basic demand, especially in light of the low business confidence and poor spending on recreational services. “The results of retail sales came at an ideal time with the launch of the profit season,” said Brett Kinwell of “Itoro”. He added: “On the previous profit, the departments reassured investors that consumer trends remained strong in April and May, but the concern was that spending began to decline after a successive sales decline.” “If the profits are more optimistic than expected, and if managers continue to ensure consumer spending investors, the shares may continue to rise, even after reaching record levels that some people can see exaggerated.” But he warned: “If customs duties begin to affect the spending of consumers in the coming months, it could be the risk of the second half of the year.” He added: “But at the moment consumers are still spending, which is why shares can continue to climb, especially if the profits reflect the continuation of the power inherent in consumption, which is the engine of the largest US economy.” Awaits the full impact of commercial policy. Mike Wilson expects Morgan Stanley to rise the emerging market in equities, but he warned that S&B 500 could drop by 5% and 10% this term, with the impact of commercial corporate budget policies. But he added that this decline will be temporary, and will provide a good access opportunity for a high wave led by expectations to improve profits. A relative calm prevailed in the market after a day of anxiety raised by talking about the possibility of Trump’s replacement of the Federal Reserve, before the president removed this concern. But George Saravilus of ‘Deutsche Bank’ said these fears will continue to shed a shadow on the market and push the dollar and treasury effects until the matter is resolved. Saravilus said this month that “If Trump Powell isolate, the dollar can drop by 3% to 4% within 24 hours, and bonds can see a buying wave of 30 to 40 basis points.” “The belief that the Federal Reserve is working in isolation of political pressure is just a myth, and US stocks will continue to rise by expectations to reduce interest.” As for Kevin Warsh, the potential candidate to follow Powell, he said that the independence of the central bank is “essential”, but he added that “the Federal Reserve during the Powell era has exceeded its powers by interfering in areas where he does not have authority.” And Warsa concluded: “Historical experiences show us that independence in the implementation of monetary policy is essential, but that does not mean that the federal is independent in everything he does.”