New step in the madness of the courses.
The index of the stars of the New York Stock Exchange, the Dow Jones, reached Monday, May 10 in the morning a record in session by crossing the threshold of 35,000 points.
The record comes at the start of a week when investors are waiting for several US indicators to take the pulse of the economic recovery.
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Putting the economic calendar on hold
Around 11:30 a.m. New York time, the indicator rose 0.88% to 35,085.20 points.
On the other hand, the Nasdaq fell 1.52% to 13,543.25 points, suffering from the decline of large technology stocks, while the extended S&P 500 index was close to equilibrium (-0.02% to 4,231.84 points ).
“
The economic calendar is on the back burner today, but it will fill up this week with important data on inflation, a topic that has been under increased scrutiny for some time as the Fed may start to reduce its asset buyback program
, ”note analysts at Charles Schwab.
Announcements to come in the week
The Labor Department will release the Consumer Price Index (CPI) for April on Wednesday.
In March, inflation stood at 0.6% monthly and 2.6% over one year.
Market players will take note of the weekly figures for unemployment benefit claims on Thursday.
On Friday, the Commerce Department will release retail sales in April, the Federal Reserve will release the US industrial production report last month, and the University of Michigan will release its preliminary estimate on consumer confidence in May.
Several large listed companies are also due to publish their quarterly results in the coming days, including the American video game giant Electronic Arts on Tuesday and Walt Disney Company, a member of the Dow Jones, on Thursday.