empty
04.08.2023 02:09 PM
Major US indicators show decline

This image is no longer relevant

US stock indices continued to drop in yesterday's trading. The Dow Jones Industrial Average dropped by 0.4%, NASDAQ lost 0.36%, and S&P 500 decreased by 0.49%.

American indicators began to fall on Wednesday after the sudden credit rating downgrade of the US from AAA to AA+ by Fitch. This was due to the potential deterioration of the country's budget situation over the next three years and the growing national debt, which requires a debt ceiling to be set.

However, this is not the only reason for the Wall Street index slump. Yesterday, macroeconomic data was released, which also contributed to the decline. One factor behind this negative trend was the increase in unemployment benefit claims by 6,000 in a week, reaching 227,000.

The business activity index in the service sector for the past month declined to 52.7% compared to the June figure of 53.9%, surpassing experts' predictions of a drop to 53%.

According to economists, as long as there are no signs of improvement in the labor market, there is a risk of further interest rate hikes. Unemployment remains one of the potential inflationary threats to the US Federal Reserve.

The next meeting of the central regulator will take place in September. All the statistical data received during this time will be considered by the Fed when making decisions on further monetary policy.

The corporate reporting season is in full swing. Among the largest American companies, Apple and Amazon are leading. Traders are eagerly awaiting the results of these companies. Apple is the absolute leader in market capitalization, while Amazon dominates in online trading volume.

Apple is expected to report on the continuation of declining revenue, which was observed in the past two quarters. In addition, investors are interested in information on the potential use of AI in the company's operations.

The stock value of Anheuser-Busch InBev rose by 1.7%, beating expert forecasts. DoorDash's shares also increased by 1.7% due to an improved forecast for annual core earnings and quarterly revenue report, driven by increased demand for their products.

In contrast, Qualcomm dropped by 10% due to a disappointing revenue forecast for the third quarter.

The US is experiencing a record decrease in oil inventories, which, combined with the country's credit rating downgrade, led to significant losses during the previous session. According to official data, oil inventories decreased by 17 million barrels in the last week of July, marking the largest decline in forty years.

However, since yesterday, the situation has started to stabilize, and oil prices are also normalizing. WTI crude oil futures increased by 1% to $80.31, and Brent crude oil futures rose by 0.9% to $83.92.

Anastasia Kravtsova,
Analytical expert of InstaTrade
© 2007-2025

Recommended Stories

Trump advirtió sobre "la repetición de 1929 y la Gran Depresión". Calendario del trader del 11 al 13 de agosto

El jueves, Donald Trump reunió de forma inesperada a la prensa en el Despacho Oval, desplegando ante ellos una serie de diagramas. Según él, los gráficos demostraban claramente

Svetlana Radchenko 07:11 2025-08-09 UTC+2

La economía estadounidense pierde impulso: los aranceles golpean a los gigantes

Caterpillar advierte sobre el impacto de los aranceles. El índice de actividad empresarial (PMI) en el sector no manufacturero del ISM de julio cayó a 50,1. Índices: el Dow Jones

08:56 2025-08-06 UTC+2

Resumen de noticias del mercado estadounidense 30.07

Los índices bursátiles estadounidenses terminaron el día en zona roja debido a los débiles informes de grandes empresas y a la expectativa de decisiones de la Fed. Las acciones

Ekaterina Kiseleva 13:20 2025-07-30 UTC+2

El oro se desacelera, pero es posible su crecimiento hasta $4000. El dólar toma un segundo aliento y el Dow Jones vive un rally

Las previsiones sobre el metal amarillo son en su mayoría optimistas: muchos analistas esperan su subida hasta los $4000 por onza. En este momento, el crecimiento

Larisa Kolesnikova 11:05 2025-07-30 UTC+2

El euro se desploma tras un acuerdo desigual entre la UE y EE. UU.

En la noche del martes, el euro se desplomó frente al dólar un 1,3% de inmediato. La razón fue el resultado de un acuerdo ruidoso y extremadamente desigual entre

Аlena Ivannitskaya 07:41 2025-07-29 UTC+2

El futuro del bitcoin, ¿predecible? Disminución de la volatilidad y una negociación "aburrida"

Según algunos criptoanalistas, el futuro de la primera criptomoneda parece predecible y en parte aburrido. Los expertos creen que el uso del Bitcoin en los ETF bursátiles

Larisa Kolesnikova 12:01 2025-07-28 UTC+2

El Bitcoin enfrenta predicciones de caída. Trampas para los traders en el BTC

Actualmente, el mercado de criptomonedas experimenta cierta volatilidad, aunque muchos analistas anticipan una intensificación de la tormenta. Advierten a los traders sobre posibles trampas de precios en la dinámica

Larisa Kolesnikova 13:03 2025-07-24 UTC+2

15 % en lugar de 30 %: Trump y la UE están cerca de un acuerdo sobre aranceles

La UE y Estados Unidos finalmente se acercan a la línea de meta en las negociaciones sobre los aranceles comerciales: se está discutiendo una tarifa de compromiso del 15 %

Аlena Ivannitskaya 07:59 2025-07-24 UTC+2

Nuevo récord en Wall Street: el S&P 500 y el Nasdaq se disparan gracias a Alphabet

Los índices bursátiles estadounidenses S&P 500 y Nasdaq cerraron el lunes en máximos históricos. La razón fue un aumento del interés de los inversores en las acciones de los líderes

11:58 2025-07-22 UTC+2

Los índices estadounidenses irrumpen en el verano: sexto récord del S&P 500 y auge de los chips

El S&P 500 estableció su sexto récord. El Nasdaq mostró seis de los mejores resultados. Las acciones de empresas de chips se dispararon. Las acciones de PepsiCo y United Airlines

11:20 2025-07-18 UTC+2
¿No puede hablar ahora mismo?
Ingrese su pregunta en el chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.