U.S. technology declined Monday as traders prepare for further indications of global economic growth.
The S&P 500 blue-closed closed 1% lower, while experts are looking at the Nasdaq Composite which rallied for two days to win 2.6%.
US government agencies have teamed up with them for sale, shipping the highest yields. The 10-year financial index traded at 1.6 percent, about 0.03 percent on the day.
Analysts expect Wednesday to show that U.S. headline prices rose 3.6% in April since the same period last year. Chinese gateways prices, the first indicator of price pressure on Western entrants, are expected to jump by more than 6% in a report released Tuesday.
New York’s release at a major bank in the US on Monday confirmed that consumers are also preparing themselves for higher prices. According to a recent study, estimates of average prices for the following year sharp-edged up 3.4% in April, the highest rate since September 2013.
Market trends that are expected to impact the recession have also risen. The well-known figure, a five-year decline, peaked at 15 years on Monday, up 2.7 percent.
The money is done he promised to not be offended by inflation at 2% as the US economy recovers from the epidemic. The central bank has said it has no plans to reduce the $ 120bn-month-old bond purchase that has kept its Treasury bond, which affects international lending.
But analysts remain skeptical of the prospect of a few months of rising electricity prices that could hit bond prices and hence push for higher yields. The amount of cooperation it brings frustration corporate accounting, in particular the short-term increase in technological divisions that do not pay significant dividends.
“Can inflation make the bear market more competitive and professional? This is the most important issue on the market right now, “said Gregory Perdon, chief financial officer at Arbuthnot Latham.
“The Fed can say that inflation is short-lived as long as the economy reopens. . . This is starting to deteriorate as big economies like the US reopen and we are still interested in rising prices. ”
Yuko Takano, history manager at Newton Investment Management, said “one school of thought is that flexibility will be orderly and positive,” you have another camp that sees US inflation hit 4 or 5%, which could be disruptive to the market “.
Professional stocks have also overcome the scourge that some experts think will be difficult to maximize their profits over time.
Nasdaq was encouraged until last month as its largest companies reports strong results for the first quarter. On Monday, Citigroup lowered its stance on shares with Facebook and Google alphabet parents to stay out of politics, saying “growth is likely to slow down” from the second quarter of this year. Facebook shares fell 4.1 percent on Monday and Quotes were down 2.6%.
“Another cloud of professionalism is tax reform in the US,” said Marco Pirondini, head of US corporations at Amundi. US President Joe Biden is push on international tax cuts to stop foreign countries that are making a profit through low tax laws, on the move he threatens business types of major companies around the world.
The dollar rate, which measures US currency against a group of trading partners, moved 0.1% down. The list is down 0.8% since Friday’s report showed that the US made a very weak more than 266,000 new jobs in April.
Sterling rose 1% to $ 1.41, with the UK Conservative winning the local election and the expected announcement of a ban on certain coronaviruses he raised from May 17.
China renminbi, led by the country’s largest bank, affected three years of $ 6.41 per dollar.
Elsewhere, Brent’s unprofitable futures were at $ 68.23 a barrel. The Stoxx 600 European stock index completed a 0.1% upward trend.