Mild changes in the Wall with the attention of investors focused on returns

Key Wall Street indexes are moving with mixed signs on Tuesday as investors watch the 10-year US yield climb to 2% in anticipation of the data to be announced on Thursday for inflation.

Bond yields have risen sharply this year as investors wait for the Federal Reserve to launch a rather aggressive campaign to tighten its policy in the coming months, with several analysts now seeing the first rate hike in March at 50 points. base. The yield in the 10 years of the USA reached 1.93% today.

The data, which will be announced on Thursday, are expected to show a new jump in inflation by 7.2% in January, according to analysts. This will be the highest level since 1982.

Meanwhile, data released today showed that the US trade deficit widened by 1.8% in December to $ 80.7 billion, compared with analysts estimate in a WSJ poll of $ 82.9 billion.

Overall for 2021, the deficit climbed 27% to a record $ 859 billion as the strong recovery of the US economy boosted imports, despite rising prices due to high inflation.

Indicators – Statistics

On the board, the industrial Dow Jones adds 113.07 points or 0.32% to 35,204.20 points, while the broader S&P 500 loses 5.32 points or -0.12% to 4,478.55 points. The technology Nasdaq is down 25.36 points or -0.18% at 13,990.43 points.

Of the 30 stocks that make up the Dow Jones industrial average, 18 are moving with a positive sign and 12 with a negative. The biggest gain was recorded by Amgen with gains of $ 12.25 or 5.48% at $ 235.78, followed by JPMorgan Chase at $ 157.51 with gains of 2.90% and Dow at $ 60.94. with an increase of 1.71%.

The three stocks with the biggest losses are Chevron (-1.85%), Merck (-1.46%), Nike (-1.41%).

For the rest of the day, the National Association of Independent Companies said the Small Business Optimism Index fell 1.8 percentage points in January to 97.1, an 11-month low. The Union reported that 61% of small businesses raised prices at the beginning of the new year. This is the highest rate since 1974.

In business development, Nvidia Corp. canceled Arm Holdings’s planned $ 40 billion acquisition due to reservations voiced by regulators. At the same time, Nvidia announced that it plans to record charges of $ 1.36 billion in the first quarter.

Meanwhile, the title of Pfizer Inc. is up 5.4% after the announcement of the results for the last quarter and the forecasts for the sales of the vaccine that it has developed against the coronavirus.

The title of Harley-Davidson Inc. also marks a 9.5% rally. after the announcement of the motorcycle manufacturer that it recorded profits in the last quarter against losses in the corresponding period last year.