US stocks are declining despite positive economic data

US stocks continued to decline on Thursday, as the final round of economic data could not revive the wave of their rise, and the investors transformed their focus into the inflation report that the Federal Reserve could form. The S&P 500 index closed 0.5% in New York, which continued its range of losses for the past three sessions, which is the longest in more than a month. The Nasdac 100 index, which is dominated by the technological sector, closed 0.4%, with the Bloomberg index of the shares of the seven major businesses dropped by 1%. Economic data exceeded expectations, and investors received three data that exceeded expectations. The US economy grew in its fastest rate in almost two years in the second quarter, and the initial unemployment benefits have dropped to the lowest level since mid -July, and the orders of perennial goods have risen more than expected. But the strongest data caused an intense buying wave. Read the details: The US economy grew by 3.8% in the strongest rate in two years, Jose Torres, the chief economist at Intertetev Broskers: “In general, the numbers were so high that morale would not have flourished on Thursday.” He added: “Nevertheless, the price of the US dollar is rising thanks to the high borrowing costs, and the tools of protection against fluctuations are becoming increasingly popular as a result of the increasing demand for hedging, and the basic commodity market sees a rise with low copper prices in light of indicators on a positive cycle.” The judgments are the biggest concern for Chris Zakarili’s view, the investment officer at Northwate Asset Management Company. He added: “We agree that the economy is strong and growing, and we are impressed by the ability of companies to pass a difficult environment and achieve strong results, but many of these good news is already calculated – and even more.” He added: “If we see some fluctuations in the short term (which is a very possible possibility), it will be because we start with much higher judgments than the average, which does not leave a large room for mistakes.” The impact of the interest reduction began the standard height, which was fueled by the prolonged interest rates by the Federal Reserve last week, by fading on Monday. Eventually, the S&P 500 index managed to overcome its early decline to record the highest historical closing level this year, which is twenty eighth, but it will withdraw in the next two sessions. Federal Reserve chairman Jerome Powell showed no initiative to support interest rates at the next meeting of the Central Bank in October, which printed on the shares on Tuesday. Meanwhile, the renewed enthusiasm for spending on artificial intelligence has not been promised to place the shares on their right on Wednesday. Traders are now waiting to find out the next catalyst that will push the market to its rising track, and they will probably monitor the price of the Federal Reserve – the price of basic personal consumption costs – looking for indicators on the future path of the central bank. “The Personal Consuming Expenses Index for Friday is the most important economic indication of the markets,” says Paul Stanley, investment investment in ‘Granite Bay’ wealth management. “If we see a slight increase, investors may incur that the expectations for lowering interest rates by the Federal Reserve are very ambitious, and that they may need to follow the waiting and anticipation approach to interest rates,” Stanley said. Anxiety about inflation as a result of the fees, many members of the Federal Reserve spoke on Thursday, including Governor Stephen Miran, who said the central bank would damage the economy if it did not move quickly to lower interest rates. On the other hand, the President of the Federal Reserve in Chicago, Austin Golsby, expressed his constant concern about the inflation caused by customs duties, and rejected any call to ‘immediate start’ in several discounts on interest rates. Among the individual shares, the “Karmax” shares have decreased with the largest amount in three years after showing that it has weaker profits that are expected to exacerbate the used car market. These results negatively affected competitive car companies, including “Carvana” and “Pinsk Automotive Group”. Meanwhile, Gabel’s shares have declined after the manufacturer announced the results, which, according to Vital Nolding, have been printing a profit margins in the smartin freedom sector exposed to artificial intelligence. The shares of core and uranium energy enterprises, including Oklo, have decreased with President Donald Trump’s announcement of his pursuit of major energy projects. The company “strategy” has led the decline in the “Nasdaq 100” index, as the stocks associated with encrypted currencies, along with “Bitcoin”, decreased before a possible volatile weekend with the approaching options of its options.