Monday began with a decline in futures on major US stock indexes. Pressure on the market is exerted by the expectations of statistics, which should confirm the continued acceleration of consumer price growth in the United States. In particular, futures for the Dow Jones Industrial Index (DJIA) declined by 0.02% to 36102 points, futures for the S&P 500 broad market index – by 0.11% to 4662.75 points, and the NASDAQ high–tech index – by 0.29% to 15536 points. Consumer price statistics in the United States will be published on Wednesday. Analysts suggest that last year's inflation was 7%, which will be the highest since 1982. A month earlier, annual inflation in the United States reached 6.8%. Experts note that the stronger-than-expected growth in average wages in the country reinforced the inflation expectations of investors. If the forecasts turn out to be correct, the US Federal Reserve will have to start raising the discount rate earlier than planned. However, the tightening of monetary policy is unfavorable for nominal stock prices. High-tech companies, whose value depends more on future profits (which, in turn, is closely related to «cheap» money in the economy), may suffer the most. Therefore, NASDAQ futures are getting cheaper more significantly than other indices.
RÁPIDOS ENLACES