Wall Street signs up for the rebound of the bags this Tuesday. The relaxation of tensions on the border between Russia and Ukraine drives the opportunistic cash inflow on the trading floors and the comeback of the indices. Even despite the fragile tone of some macroeconomic figures that came to light in this second session of the week.
The reports suggesting that Moscow has ordered the withdrawal of part of the troops deployed near the border with Ukraine They encourage us to think that the armed war that yesterday was seen as imminent is not so imminent. However, investors do not take their eyes off the future of events, since kyiv continues to point to tomorrow, Wednesday, as a decisive day.
Against this background, the New York indices are following the upward trail of Europe and even more vigorously. The dow jones adds 1.3% with which he recovers 35,000 points. 1.5% traces the S&P 500, which thus appears again towards 4,500 points. the technological nasdaq manages to stretch 2% above to regain 14,000 points.
One of the bitter data that goes into the background this Tuesday is the empire state manufacturing index February. Although economists expected a jump to 12.15 points for this reference, its final reading remains at 3.1 points.
The same happens with the producer price index, better known as wholesale inflation. Its rise to 9.7% in January gives new arguments to the defenders of the need to withdraw monetary stimuli “soon”, as the US Federal Reserve (Fed) pointed out at the end of its last meeting.
trips and chips
In the corporate arena, Intel posted increases of 1.2%. The technology giant announced this Tuesday the purchase of Israeli analog semiconductor solutions manufacturer Tower Semiconductor for 5.4 billion dollars. With this operation, the US listed company seeks to strengthen itself in the chip market, which has been subjected to strong supply tensions in recent times.
the hotelier Marriott International its annual accounts are listed with increases of 5.5% thanks to the fact that it has beaten the consensus forecasts. With some benefits of 1,099 million dollars against losses net of 267 million a year ago, the purchase orders follow one another. Even in the fourth quarter, with the appearance of omicron, business numbers exceeded forecasts.
More than 27% the actions of Virgin Galactic after announcing that it opens the sale to individuals of tickets for space flights. A “limited” opportunity, according to its promoters, which will start tomorrow and for a total price of $450,000. The company has already carried out some pilot experiences reserved for celebrities.