(CercleFinance.com) – The New York Stock Exchange should recover, according to the futures on the S&P500 (+0.3%) and the Nasdaq-100 (+0.3%), confidence for the American economy seeming to regain the upper hand on the interest rate tensions which weighed on morale the day before.
‘The optimism that reigns in the American stock and corporate bond markets while the labor market proves resilient makes sense for us,’ judges Capital Economics, which therefore expects the favorable trend to continue. continue.
‘For the moment, the rise in American rates on the bond market, in the wake of the employment figures for the month of September, does not constitute an obstacle to the rise in stocks’, believes for his part Christopher Dembik, at Pictet Asset Management.
‘The two-year rate, for example, reached the symbolic threshold of 4% yesterday, a high point since August 2023. But if the rise continues, we know from experience that this will have negative repercussions on the stock markets,’ warns however the strategy advisor.
The only data from the session, the United States trade deficit narrowed by 10.8% to $70.4 billion in August compared to the previous month, thanks to a 0.9% decline in imports and a 2% increase in exports.
On the securities front, Honeywell announces a plan to split – by the end of 2025 or early 2026 – its advanced materials activity into an independent company listed on the stock exchange, a project which should notably allow it to optimize its portfolio .
PepsiCo confirms, on the occasion of its quarterly publication, that it is targeting a minimum increase of 8% in core EPS for the year at constant exchange rates, but is only expecting organic revenue growth at the lower end of the range at a figure.
