Stock Market: What moves in the markets before Thursday’s opening

The Fed is poised to stay ready for the long haul to come, the US tech giants have the wind in their sails and the company’s results are generally well-directed in Europe: the stock markets of the old continent did not need to take off much to conquer new horizons.

Indications

On Wall Street, around 7.15 AM, futures Standard & Poor’s 500 Earn 30 points to reach 4206, from that of Dow Jones Leading 145 points to 33,869, and that for Nasdaq He took 151 points to 14043 points.

In Europe, the markets were mostly higher in the middle of the session. in London , FTSE 100 Index By 50 points, to 7014 points. In Paris , CAC 40 Gained 27 points to 6334 points. Just Dax And it decreased 60 points to 15,232 points.

Asia has shown the way a little earlier, it was Hong Kong (+ 0.7%) and Shanghai (+ 0.5%) closes in the green. Stock trading Tokyo It is closed on Thursdays.

Context

“The Federal Reserve does not change anything, it will not change anything, or even consider changing anything. This is, in essence, the message of (its Chairman) Jerome Powell, who considers that the goals to be achieved are still elusive, especially full employment, As Tangi Le Liboux, Aurel BGC’s strategist, points out.

“Of course, the Economic Policy Committee (FOMC) noted the improvement in economic activity and lowered its assessment of potential risks on the road to recovery. But this is not likely to change the current strategy,” said Sebastian Paris Horvitz, an analyst at LBPAM.

On Wednesday, US President Joe Biden painted before Congress a picture of America standing again after a series of horrific crises, showing his will to reform, calling on the rich to “pay their fair share.”

Wall Street stock closed slightly in the red on Wednesday ahead of the Facebook and Apple posts, both of which exceeded market expectations.

Before reading the results for Amazon in the evening, investors were once again absorbing a series of fairly well-targeted first-quarter posts in Europe, reassuring them of their hopes for a recovery.

As for the indicators, the publication of the first estimate of US first-quarter growth will be in the spotlight in the afternoon. Weekly claims for unemployment benefits and promises of home sales for March will complement the agenda across the Atlantic.

On the oil side

Around 7.15 am, it was a barrel West Texas Intermediate The dollar rose 1.32% to $ 64.70 a barrel Brent North Sea 1.34% to $ 68.17.