Wall Street indicators at standard levels with support of strong economic data

US equities have recorded new standard levels with support of strong economic data, but Wall Street traders have kept them from making major moves pending inflation data that can provide more indicators over the rate of reduction of interest rates by the Federal Reserve. The revenue of the short treasury bonds has risen, while the dollar has fallen. Only 24 hours before the federal preference index to measure prices, the data showed that the US economy expanded faster than expected at the beginning, reflecting the durability of consumer spending, which is the most important growth motor in the United States. Although these numbers relieve the fear of stagnation, they leave questions about inflation horizon. The Friday report is expected to show the increase in the basic personal consumer expenditure index, which excludes 2.9% by 2.9% in July, which is the fastest rate in five months. Brett Kinwell of “itoro” said that the issuance of “leads to accordance with expectations or less will increase the confidence of investors in reducing interest during September. The higher numbers may not cancel the reduction of the reduction, but it could negatively affect the general mood in Wall Street with the growing fear of inflation.” The execution of shares and sectors The “S&B 500” index exceeded the level of 6500 points, supported by technology shares. Invidia has reduced its losses after a number of analysts increased their price goals for the company’s share, despite the impressive expectations of the company. In late trading, Del Technologies increased its annual expectations. Effect yields have increased for two years, most sensitive to the interest policy, two basis points to 3.63%, while the exchange contracts continued by October by a point at a quarter of a second point, with a second reduction by the end of the year. The market is inhabited by 20 basis points of facilitation for the month of September. In collaboration with this, the data showed that the real GDP rose by an annual rate of 3.3% in the second quarter, compared to preliminary estimates at 3%. “The economy is working at full capacity, and it must be reinforced by the confidence of the market in the fact that the concerns associated with customs duties earlier this year were in place. He added: “Despite our concerns about the high judgments, it was not wise to take proactive steps before a real decline occurred. Future expectations and employment Jeff Roth of LBL Financial see that a review of the growth numbers in the second quarter of the rise for the third quarter expectation, and say:” be seen. Growth will approach stability in the third quarter, which will improve calls to reduce interest. “According to Jim Bird of” Plannet Moran Financial Advisers “, the focus on the exact balance between high inflation and the labor market showing falling signs. Work. Before Inflation data is issued, any unexpected increase in the basic personal consumption index that short -term risks will be positive, and not negative for the rest of the week, according to Steve Sosnik of “Intestrev Broskers”. Traders assume it will also have a significant impact. Adam Tornkoyst of LBL Financial said the markets are often witness. S&B 500 has an average of 0.7% in September over 75 years. Currently, the index weather is sunny with record peaks. If he takes the current momentum, September doesn’t look bad. ‘He explained that when the S&B 500 is for 200 days before its moving average before entering in September, the average monthly return rises to 1.3% with positive results in 60% of cases. “We are confident in the future view of stocks, and we expect the S&P 500 index to benefit to 6800 points through June. Intelligence, with greater opportunities at the level of individual stocks and investment topics.