The US actions They turned to recover most of their strong loss after Friday’s fall.
The three main stock market indices closed on Monday with increases above the 1%, driven for the search for purchase opportunities and the increase in expectations of a cut of interest rates in September, according to initial market data. The movements intensified after Friday’s employment data, which were weaker than expected and showed downward reviews for May and June.
Can read: Support short income regulation and demand action of the DGII
The pDow Jones Industrial Roma He added 588.78 points or 1.35% and reached 44,177.36 points. On the other hand, the S&P 500 advanced 92.06 points or 1.48% and closed at 6,330.07 units, while the NASDAQ composite climbed 400.43 points or 1.94% to be located at 21,050.56 units. The S&P 500 and the Nasdaq had recently reached a series of historical maximums.
Market operators raised the probability of a rate cut by the Federal Reserve in September to 84%, according to CME Fedwatch data. The weak labor reports, accompanied by the downward review of the May and June figures, reinforced these forecasts. “Today is just a little downward purchase. It is a fairly healthy sign that there are people looking for an opportunity to enter,” he said Mike DicksonChief of Research and Quantitative Strategies of Horizon Investments.
In the institutional level, investors continued to analyze the dismissal of the commissioner of the Office of Labor Statistics, Erika Mtntarferproduced last Friday, after accusations of President Donald Trump for manipulation of employment data. In addition, that same day, the governor of the Federal Reserve, Adriana Kuglerhe presented his resignation unexpectedly, which could allow Trump to make additional changes in the dome of the US Central Bank. The president has intensified his public pressure for the Federal Reserve to reduce interest rates.
Europe closed in green
European actions rebounded on Monday after the strong decrease recorded on Fridaydriven by the advance of bank values and the lower setback in the main markets, while the Swiss companies accused the impact of a new US tariff on their products.
The paneuropeo index Stoxx 600 It rose 0.9%, moving away from a minimum of six weeks, with most national markets recovering land, except for Switzerland. He Dax German rebounded 1.4%, CAC 40 French advanced 1.1%, and the British FTSE 100 amounted to 0.7%.
In contrast, Zurich’s SMI index decreased 0.2% at the beginning of the stock market after a long weekend in the country. The fall was due to the imposition by the Trump administration of a 39% tariff to the Swiss products, one of the highest rates recently set. After the announcement, industry associations alerted about the risk for tens of thousands of Swiss jobs.
