The Futures of US shares. UU. They gained ground on Monday, indicating the continuation of the rally after the elections as the market prepares for the release of new inflation figures.
Futures for the industrial average Dow Jones increased by 0.4%, while future S&P 500 rose 0.3%. Both indices recently registered their best performance of the year, reaching new records. The Nasdaq 100 Futures, which track the main technological actions, also saw an increase of 0.3%. The demonstration is promoted by lower corporate tax expectations and less regulations under President -elect Donald Trump, together with the Federal Reserve decision to reduce interest rates. However, some analysts are expressing caution about the sustainability of these profits.
Also read: US stock market updates. UU.: Nasdaq and S&P 500 Futures Slip as the market cools to the market
The approach now focuses on the consumer inflation report on Wednesday, which could provide clues about future interest rates movements. Last week, the president of the Fed, Jerome Powell, remained with tight lips on how Trump’s policies could affect inflation. Some concerns have emerged about the impact of proposed rates, which could increase inflation and make the Fed slow down more rate cuts. The president of Minneapolis Fed, Neel Kashkari, recently declared that the Central Bank will carefully observe how other countries respond to tariffs before making any adjustment.
Currently, market observers believe there is 68% chance that Fed reduces rates in another 0.25% in December, a slight decrease in almost 80% before elections.
Meanwhile, Bitcoin increased to a new maximum, exceeding $ 82,000 for the first time, causing emotion in the cryptocurrency market. The increase is promoted by the expectations that the next administration will create a more favorable environment for digital assets. Other cryptocurrencies, such as Dogecoin, also saw increases as merchants anticipate a more friendly future with cryptocurrencies in the United States.
Tesla also saw an impulse, with actions that jumped almost 7% in trade prior to the market. The shares of the Electric Vehicle Company reached its highest closure price in more than two years on Friday, which pushes its market capitalization beyond $ 1 billion. The optimism on the potential influence of CEO Elon Musk under the new administration is helping to boost actions.
(Tagstotranslate) Futures of shares of US (T) Post-Rally (stretched t) Cuts of Federal Interest
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