US stocks have dropped their profits after data showing weakness in the US service sector and continued price pressure, raising new concerns about the challenges of monetary policy before the Federal Reserve. Short -term tires fell further, while oil fell with reports that Russia could look for an air with Ukraine. After a strong increase, the S&B 500 reached the outskirts of its highest historical levels, it lost the momentum and dropped in trade. The shares of electronic chips enterprises dropped by more than 1%. After the regular trading hours were closed, Advanced Micro Devices Inc. offered stronger sales expectations than expected, but warned that the arrival in the Chinese market was uncertain. On the other hand, the shares of “Super Micro Computer Inc” after the results came without expectations. US Treasury Auction Week has begun with a poor three -year offer worth $ 58 billion. Treasury effects have not changed for ten years to establish 4.20%, while yields on bonds for two years have risen, four basis points to 3.72%. “We expect the trade fluctuations to trade in the late stages of summer, especially with the way of monetary policy, still unknown and very sensitive to the upcoming economic data,” said Chris Seneic of Wolfe Research. The deterioration of the service sector puts the federal before a difficult test. The US service sector has shown a state of stagnation, while the number of workers is reduced due to poor demand and high costs. Last week data, the results of poorer jobs revealed than expected, while spending of modified consumers increased slightly with inflation. “It’s hard to represent the ongoing price pressure if the job market delays,” Neil Dutta of the Renaissance macro research said. He added: “The question would not be strong enough to take up the high prices. Therefore, a preventative reduction in interest seems logical.” US President Donald Trump told CNBC that Treasury Secretary Scott Besent had told him that he did not want to be nominated to take over the federal reserve to follow up Jerome Powell. Trump added that the US customs duties about the import and semiconductors of semiconductors will be announced within a week. Also read: Trump: The Treasury Secretary does not want to act for the “federal” presidency. The recruitment index recorded a contraction, while the paid price index for material and services has risen to the highest level since October 2022. For Ian Lingan of BMO Capital Markets, inflation element was the most disturbing. However, he pointed out that the job report still paves the way for a reduction in the interest in September. “The results of the Supply Management Institute recording that highlight the challenges facing the Federal Reserve in the coming months, with the decline in activity and employment indicators, even with the high price index high to the highest new periodic level.” As for UBS Global Wealth Management, she said that recent labor market data is weak enough to justify the reduction of interest by the Federal Reserve. She added that the primary scenario of its institution is still expected to resume the reduction of interest on the September meeting, with a total reduction by 100 basis points at early 2026. Signs of stubborn inflation and speculation on the timing of the interest reduction. In exchange for poor economic indicators. “He added that the future view of the S&B 500 index could begin to deteriorate in the short term, with warnings of very high judgments in the midst of an economy weakening. He continued:” If the concerns about exaggerated evaluations begin to influence some major technical names, which can be the results of their last profit, the decrease. “Investors are likely to achieve the maximum exposure to the shares of the United States by September, which could cause them to be sold to shares to be exposed to negative trauma in the market. Equal to the weighted version of the market value when the Federal Reserve begins to reduce in the same context, the HSBC strategy has targeted to the end of the year from 5,600 to 6,400 points. Companies and reduced the political disgrace and the political intelligence of political intelligence.
US stocks abandon their profits amid fear of ‘stubborn’ inflation
