Technology shares land with Wall Street indicators of their highest levels

A wave of sale in technology shares, which has led to the increase since April, Wall Street has dropped to decline, despite inflation data that did not affect the reduction of interest in the Federal Reserve, while the bonds and the dollar saw limited movements. The biggest influencing shares set at the S&P 500 index (S&P 500) led to the decline of its standard page, which recorded it at the end of August. The Nasdaq 100 (Nasdaq 100) index fell 1.2%. The market is preparing for the so -called the worst of the year of US stocks, with institutional investors for their governor, delaying the purchase of individual traders, and the high pace of fluctuations. “These are the features of the end of the month, and we enter the most historical month of the year. That’s why it makes sense to be careful. It may not last long, given the regular success of the purchase strategy at the market reduction times,” Luis Navillie & Associates said. The steadfastness of consumer spending in the light of US inflation, and although total events often determine the direction of the market, the seasonal factors may exacerbate the movements arising from economic data or monetary policy. US consumer spending increased at four months in July, which is an indication of the steadfastness of demand despite ongoing inflation. US consumer spending is becoming stronger despite fixed inflation, and this comes before the important postal report is expected next week, which will be essential to determine the rate of interest rates at the end of the year. “If there is a strong surprise in the job report next Friday, we see that the reduction of interest on September 17 is likely, given the increase in the tone of facilitation in the speeches of federal officials.” Mary Dali, head of the Federal Reserve Bank in San Francisco, said the monetary policymakers will be ready to reduce interest soon, adding that the inflation caused by customs duties is likely to prove to be temporary. “S&B 500” record profits for the fourth month. Despite the fall Friday, the ‘S&B 500’ scored for the fourth consecutive month. The share of “Invidia” carries out the losses between the most important companies, while the shares of “alphabet” have increased. Del Technologies withdrew due to weaker profit margins on servers. The shares of artificial intelligence infrastructure also declined after the expenses of “Marvel Technology” expressed concern about the demand for equipment for data centers. The short -term effects fared better than the mortgage for two years, two basis points to 3.61%. The dollar did not see a significant change, but it recorded a monthly decline. The primary, preferred -personal consumption price index increased by the federal inflation to measure inflation, by 0.3% from June. On an annual basis, the index has risen to 2.9%, which has been the highest since February. Data in accordance with expectations, Brett Kinwell of EToro said: “The good news is that the data in accordance with estimates hold the situation as it is, which leaves the interest reduction in September. August -Work report next week. Labor market, any data next week, does not change the belief that the labor market is about to keep the door open to reduce interest, according to Atakan Paccacan of “Berenberg”. A federal member supports the reduction in the interest in September, and the federal governor has called on Kristen Wald to reduce interest in September, and would expect the interest of interest within three months. recession reduced. “Gina Bolvin said that September is not necessarily bad if the momentum is strong. Historically, the month is negative returns of about 44% of the total number of times, but if she has added an average of 200 days, the case is now, the return is on a positive on a rate. ‘