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S&P 500-indeksen stiger forsiktig

Cruiseaksje sendes rett opp etter kvartalsrapport.

S&P 500-indeksen stiger forsiktig

In early trading on Tuesday, the dominant U.S. stock indices showed mixed results. Carnival Corporation experienced a significant surge of 10% after announcing its third-quarter figures. The company's stock rose by $1.43 per share, surpassing the expected $1.35, according to Bloomberg. Analysts predict a more modest $0.20 per share increase for the fourth quarter.

Investors are closely monitoring the U.S. interest rate developments. The yield on 10-year U.S. Treasury bonds, often referred to as "the world's most important interest rate," has risen steadily in recent times. On Monday, it reached 5.27%, while it stood at 5.23% upon the market opening on Tuesday. This shift is attributed to the day's market rally, as reported by CNBC.

Monday saw the indices end in the red, primarily due to concerns about rising interest rates. Throughout the week, several other key U.S. economic indicators will be released, with the PCE inflation figure on Wednesday potentially providing market signals and indicating whether the Federal Reserve should continue raising interest rates, according to Handelsbanken strategist Nils Kristian Knudsen.

The S&P 500 is expected to close the month at 3.7% year-to-date, while the core PCE, which excludes energy and food prices, is forecasted to remain at 3.3%, the same level as the previous month. On Friday, the U.S. will release its non-farm payroll report, often considered the most important economic indicator of the month.

Written by urgent.news from E24 Norway's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at e24.no →

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