Investors on Wall Street are carefully optimisticreact to the mixture weaker than expected economic data a renewed hope for two reductions in interest rates by the end of 2025. The main indices trades in green numbers (s&p 500: +0,18 %, nasdaq: +0,2 %, Djia: +0,2 %) while Small companies lag behind Due to a negative outlook from the latest ISM reports (Russell 2000: -0,13 %). I also contributed to the cautious sentiment ADP Reportthat showed a sharp slowdown of jobs. In May it was created only 37 thousand jobs in the private sector – significantly less than expected 110 thousand and almost half less than in April. This signals fading activity in the labor market in the middle of uncertain economic development.
Ism service index has also indicated cooling down – in May dropped to 49.9 pointsbelow the expected 52 points, which means contraction in the service sector. Price pressures further growespecially because of the expected new clients. These data increase Bets on the fact that the Fed is going to reduce ratesto prevent a possible recession. This view is also reflected in bond marketswhere the yield of 10 -year US government bonds dropped by 1,6 %.
US2000 (daily interval)
The negative surprise of ISM is burdening today Small Firms Segmentwhich is reflected in the index Russell 2000that as The only one trades in the negative. After the bull opening, the contract withdrew again to the level 2100 pointsthus did not exceed the key resistancewhich was tested at the end of March and in mid -May. Price pressures of manufacturers and uncertainty around the cells They have the greatest impact on smaller companies, which is also reflected in visible flattening of exponential sliding diameters index.
Source: XStation5
Corporate Messages:
Anaptysbio: Shares are falling by 12 %despite previous growths in the pre-marke after announcing the results of phase 2b clinical study. Drug rosnimab has shown efficiency comparable to inhibitors as In patients with moderate to severe rheumatoid arthritis. Patients achieved low disease activity, remission according to the CDAI index and ACR70 response within six months, with the effects persisted two months after treatment.
Chart Industries (GTLS.US) a Flowserve (FLS.US): Companies have announced fusion in the form of stock exchange coo 19 miliard USD. Chart's shareholders receive 3.165 Flowserve shares for one Chart action and will hold 53.5 % of merged companies. They are expected Synergies of $ 300 million And growth in the share in the first year. The transaction closure is expected in 4Q. However, both shares are currently they fall by about 4 %.
Couchbase: Actions Rostou o 4,3 %despite Careful outlook of 2.. In 1Q the company exceeded expectations – Recurrent sales increased by 21 % to $ 252.1 millionpulled by adoption cloud solution Capella. The slight view reflects caution in the uncertain macro environment.
Guidewire (GWRE.US): Actions Rostou o 19 % After increasing the year -round outlook of sales beyond expectations, supported by a successful by migration to the cloudnew contracts and cost management. Revenues for Q3 increased by 22 % year -on -year on 293,5 mil. USD. The modified profit at the action did 88 cents (vs. Vyd. 46c). Analysts praise growth in market share of large insurance companies and increase the target prices.
Hewlett Packard Enterprise (HPE.US): Shares add 0,3 % After strong results for Q2. Revenues increased by 5,9% at 7,63 MLD. USDmainly due to growth in segments servers (+5.6 %), Hybrid Cloud (+13 %) a Intelligent Edge solutions (+7 %). The company increased the lower limit of the year -round outlook of the share. In spite of the mixed outlook in the AI area, analysts noted Improvement of Operating Performance and Margins.
Snowflake (SNOW.US): Actions in Pre-Market Rostou o 0,5 % After the presentation at the conference Summitwhere the company introduced new ai-strategy and enhancements for analysis of unstructured data. Analysts appreciate strong interest of corporationssimplified business model and recruitment activity – all as signs sustainable growth. Are you interested in this topic? For XTB you can trade more than 2000 CFD per stock! Competitive spreads of low swap points, thanks to which you can hold positions for longer minimum transaction size from 0 EUR In addition to a wide range of instruments from us you will also get educational materials-articles, e-books and free courses: Trading for beginners of TOP 5 trading instruments Ondřej Hartman Course Trading vs. Investing in stock investment – what is stock trading? Test account U XTB? Practice free trading! Are you interested in this topic? For XTB you can trade more than 25 CFDs to indices from different landscapes! Competitive spreads of low swap points, thanks to which you can keep positions from 0.01 lots and a few tens of euros In addition to a wide range of instruments, you will also get educational materials-articles, e-books and free courses: Trading for beginners TOP 5 Trading tools Ondřej Hartman What is CFD trading? Index trading – what is a stock index? Trading with S&P 500!-Cleared->
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