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Stock Market: What moves in the markets before Wednesday's opening

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

(Image: Getty Images)

Global stock markets have cautiously moved higher overall in a session that will focus on the Fed’s monetary policy decision and Joe Biden’s speech to Congress, while continuing to analyze the corporate results.


On Wall Street, around 7.15 AM, futures Standard & Poor’s 500 Wrestle 4 points to 4,183 points, that’s from Dow Jones He lost 44 points to 33,840 points, and those from Nasdaq Score 9 points to 13943 points.

In Europe, the markets were higher in the middle of the session. in London , FTSE 100 Index He scored 38 points to 6,983 points. In Paris , CAC 40 It rose 38 points to 6,312 and in Frankfurt Dax 60 points gained to 15310 points.

In Asia, the Tokyo Stock Exchange closed slightly higher (+ 0.21% for the Nikkei), helped by a weaker yen.

In China, the Hong Kong and Shanghai stock exchanges gained 0.4%.


The wait-and-see attitude should prevail again this Wednesday ahead of the Fed’s monetary policy decision and the press conference of its chairman, Jerome Powell.

“The Fed is widely expected to maintain its near-zero interest rate strategy and massive bond purchases unchanged,” said Ipek Ozkardiskaya, a Swissquote analyst.

“As long as there is no change in monetary policy (this time), the focus will be on knowing when things finally start moving,” she continues.

Prior to the Fed’s decision, borrowing rates rose slightly on Wednesday on both sides of the Atlantic.

On the eve of the symbolic milestone in his first 100 days in office, US President Joe Biden must speak Wednesday for the first time before Congress.

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Investors will also have a lot to do with the latest corporate results again.

distance the alphabet And the Microsoft They both exceeded expectations the day before, The social networking site Facebook And the Boeing On the agenda this Wednesday. In Europe, banking has been in the spotlight.

For its part, the European Parliament approved, on Wednesday, the trade agreement concluded by the European Union with the United Kingdom.

On the oil side

Around 7.15 am, it was a barrel West Texas Intermediate The dollar rose 0.67% to $ 63.36 a barrel Brent From the North Sea 0.53% to 66.77 USD.