Dow, S&P 500, Nasdaq hold near record highs with Powell on deck
The shares of the United States kept steadily on Tuesday after day in determining a record, as Wall Street waited the first speech from president Jerome Powell since the Federal Reserve began to reduce interest rates again.
The Dow Jones Industrial Index (^DJI) increased by approximately 0.3 %. S & P 500 (^Gspc) and the heavy nasdaq compound of technology (^IXIC) about the flat line.
The shares jumped on Monday to conclude a third consecutive day from the closure of the high, and the optimism raised by the artificial intelligence trade and the reduction of the federal reserve policy will continue to fuel the gathering. NASDAQ (^IXIC) led the gains as NVIDIA (NVDA) rose after the chip maker said it would invest at least $ 100 billion in Openai (OPAI.PVT).
On the other side of watching, Powell is scheduled to deliver a speech on monetary policy later on Tuesday, in a great focus after politicians last week reduced the rates for the first time in 2025.
Its comments will aim to release on Friday from the preferred inflation scale of the Federal Reserve, which is the Personal Consumption Expenses Index. Wall Street will search for signs that sticky inflation is already increasing, which may expect high expectations for other price discounts this year.
Meanwhile, updates on manufacturing and services activity in the United States in September are on Tuesday’s schedule.
Gold (GC = F) also increased to a new high record with increased optimism for federal reserve rate discounts.
On the technical side, the quarterly profits of the Micron (MU) technology are highlighted after the bell. The results of the Memory Chipmaker will be monitored to obtain updates on the request guidelines and revenues that AI move, as analysts expect a jump of approximately 40 % in sales.
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2025-09-23 13:36:00
