STOCK EXCHANGE: Wall Street on the rise for the seventh consecutive day

Wall Street opened up again on Wednesday. Stock investors believe that the US central bank is ready to lower its key interest rates even twice during the fall.

If the rise lasts until the end of the day, it will be the seventh day in a row. In consecutive record days, the order is sixth.

Tomorrow, Thursday, investors will have another hard economic data to chew on, when the June inflation figures are published in the United States and Germany. The central bank has insisted that it makes decisions based on data. If inflation has continued to be more persistent than expected, interest rate cut expectations may have to be postponed. This would be bad news for the stock market.

After just over half an hour of trading, the S&P 500 index was up 0.3 percent, the techno-heavy Nasdaq had risen 0.6 percent. The Dow Jones of flagship companies was down 0.02 percent. In Dow Jones, among other things, the weight of the index is high Salesforcen 1.9 and The view The 1.6 percent declines weigh on the index. Salesforce’s weight in the price-weighted index is 4.1 percent and Visa’s is 4.4 percent.

In addition to macro numbers, investors are waiting for the earnings season to start. On Friday, a number of banks will report their results for the second quarter.

By Editor

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