Wall Street Holds Steady Just Below Recent Records

New York (AP)-Late Day Wall Street in the morning trade stocks, indices have recently remained below their highest levels.

S&P 500 often has not changed. The Dow Jones industrial average decreased by 52 points or 0.1%as of 10:45. Nasdaq composite increased by 0.2%.

Boeing increased by 2.2% after Korea Air announced a $ 50 billion agreement with the company, which includes more than 100 aircraft purchasing. Dish Network Parent, EchostarAt & T said it would buy some of its wireless spectrum licenses with an agreement of $ 23 billion.

Treasury returns in the bond market have changed slightly. The return on the 10 -year Treasury rose from 4.28% to 4.29% on Monday.

The wider market was suppressed after President Donald Trump increased his struggle against the federal reserve. He said he was released on Monday Federal Reserve Governor Lisa Cook. He said he wouldn’t resign.

It points to its last rise in the dispute with the Central Bank through its cautious interest policy. The FED has kept the proportions constant since the end of 2024 due to concerns that Trump’s unpredictable tariff policy would revive inflation. Trump also threatened to ignite the FED President Jerome Powell and often mocked him to call him. Nevertheless, only one of the 12 votes deciding on interest rate policy.

Ubs Global Wealth Management Ulrike Hoffmann-Burchardi, the Chief Investment Officer of the United States and the President of the Global Stock Investment, said, iz We will continue to follow the increasing political pressure on the Fed, but we expect its decision to be directed by its task in the near term.

Wall Street bets that the Fed will cut the comparison interest rate at its next meeting in September. According to CME Group’s data, the rate of the central bank of merchants has the chance to reduce a percentage percentage percentage points.

The two -year Treasury return, which follows the Fed action expectations more closely, fell from 3.73% to 3.70% on Friday.

The federal reserve spent most of the last few years by increasing interest rates and fighting increasing inflation. It was often managed to domesticate inflation, and it has largely avoided having strong consumer expenditures and a flexible labor market to have the economic growth of higher rates.

As the Fed approached the 2%target, the FED began to change its policy by cutting the comparison interest rate at the end of 2024. Trump’s unpredictable tariff policy could revive inflation, and decided to enter the pause button towards 2025. Low interest rates facilitate borrowing, help to promote more investment and expenditure, but this can potentially feed inflation.

Fed and Wall Street will receive an update on Friday, when the US released the personal consumption expenditures index, on Friday. Economists show that inflation remained at about 2.6% in July compared to a year ago. Businesses warn investors and consumers on higher costs and prices due to tariffs.

The FED has recently worried about the situation of the employment market, which shows signs of slimming. In addition to controlling inflation, the Central Bank is responsible for using its tools to help maintain a healthy labor market. Before the next policy meeting, in early September, another major update in the employment market will receive a major update.

Consumer trust fell as a concern in August in a modest way weakening labor market He grew up for the eighth flat moon. The slightly decrease in the monthly survey of the conference board was mostly compatible with the projections of economists.

Crude oil prices fell. European markets were lower and the Asian markets closed lower overnight.