Wall Street is trading mixed, dominated by a cautious sentiment.

Ahead of the central bank’s minutes release tomorrow, the market is attentive to the speeches that some central bank officials will have.

The main Wall Street indices have mixed performances this Tuesday morning. The Dow Jones returns to positive territory while the Nasdaq edges down slightly, awaiting speeches from several Federal Reserve members.

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker >>
🥈Read ReviewFMA, FSAUSD 50Visit Broker >>
🥉Read ReviewFSCA, CySEC, DFSA, FSA, CMAUSD 0Visit Broker >>
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker >>
5Read ReviewFCA, CySEC, FSCA, SCBUSD 100Visit Broker >>
6Read ReviewFCA, FINMA, FSA, ASICUSD 0Visit Broker >>
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker >>
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker >>
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker >>
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker >>

The leading Dow Jones index, composed of 30 giants’ stocks, was up 0.19% at 39,881.46 points, while the S&P 500 was up 0.11% at 5,313.96 units. The tech-heavy Nasdaq Composite was down 0.01% at 16,792.51 points.

Two of the Fed’s monetary policy makers said this morning that it would be prudent for the central bank to wait several more months to ensure that inflation returns to 2% before beginning to lower interest rates.

SPX

Ahead of the central bank’s minutes release tomorrow, the market is attentive to interventions from other central bank officials during the day. The indices reflect a predominance of cautious sentiment.

Artificial intelligence also plays an important role as Microsoft (+1.05%) hosts a two-day event showcasing its innovations, and with Nvidia’s figures (+0.07%) set to be released tomorrow.

Sector-wise, there are mixed behaviors with moderate movements. Within the Dow Jones, IBM stands out (2.26%), followed by JP Morgan Chase (1.59%), while Verizon (-1.66%) leads the declines.

Meanwhile, the animation studio had hired additional staff to create original series, as the former CEO of Disney pushed each of the company’s creative units to produce exclusive content for Disney+.

Pixar Animation Studios, the producer of classic films like “Toy Story” and “Up,” began laying off about 14% of its workforce this Tuesday as it scales back the development of original streaming series, according to a source familiar with the situation.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
ABOUT THE AUTHOR See More
Ignacio Teson
Ignacio Teson
Economist and Financial Analyst
Ignacio Teson is an Economist and Financial Analyst. He has more than 7 years of experience in emerging markets. He worked as an analyst and market operator at brokerage firms in Argentina and Spain.
Related Articles