The Dow Jones IndustrialThe index gained 0.33 percent to 38,797.38 points on Monday. The Nasdaq Technology Exchange However, it lost 0.3 percent to 15,942.55 points. The broader S&P 500 lost 0.1 percent to 5,021.84 points.
Goldman Sachs shares soar
The strongest gainer in the Dow Jones on Monday was Goldman Sachs with an increase of 8.38 percent. Caterpillar up 4.47 percent, Amgen by 3.38 percent.
The evolution of Nvidia prices Continued to cause a stir: American chipmaker overtook Amazon in terms of market value and is now the fourth most valuable American company. On Monday, Nvidia hit a high of $746.11. At this price level, some investors took profits, so Nvidia stood at the end of trading at $722.48, a profit of only 0.16 percent. Enough to surpass Amazon in terms of market value.
US inflation data eagerly awaited
Investors are eagerly awaiting US inflation figures for January. They will be published on Tuesday at 2:31 p.m. Investors hope this will bring more clarity to the US Federal Reserve's future monetary policy. So far, investors expect the first key interest rate cut in May. Depending on the level of current inflation data, the Federal Reserve could take another wait-and-see approach.
But market observers are optimistic: according to the Tagesschau Chris Beauchamp, chief market analyst at IG. “Inflation is expected to move even closer to the Federal Reserve's target and investors are therefore expecting a steeper decline in inflation, which could be the basis for new records in US stock markets.
Coca Cola ywOther companies announce quarterly figures
In addition to inflation developments, company figures may also further heat up stock markets on Tuesday. The following companies disclose their business figures:
Get informed, understand, make the right decisionsHere you can get general information about current financial news. Every Friday as a newsletter.
*Fields marked with an * are required