Wall Street is a sharp shift from the shares of large companies to small
‘Wall Street’ was a sharp shift with the beginning of July, as traders replaced their positions outside the shares of huge technology companies, which was the most important driver who rose from the falling market from the market. The yields of US ties have risen as the number of vacancies increased, which weakened interests on an imminent reduction in the Federal Reserve. Meanwhile, the dollar has been at the lowest level since 2022. Although the S&B 500 index has barely moved after they have registered the highest level ever, the markets have seen analysts describing as a ‘violent transformation’, as the money has dumped into the loss of shares at the expense of those who have recently achieved profits. This movement is reflected in the superiority of the “Russell 2000” index of small stocks over the “Nasdac 100”, which is taxed by technology stocks with the biggest difference since April, indicating that the momentum is no more than two years unmatched. “If you recently keep a profitable proof and feel pain today, we do not recommend making radical changes in investment portfolios so far. This is perhaps the beginning of a long -term transformation, but it is early to judge based on only one -day movement.” In the bond market, short -term effects fell the most sensitive to imminent interest movements, compared to their long -term scents. The labor market justifies the federal policy. The number of vacancies in the United States has risen to the highest level since November, mainly driven by the entertainment and hospitality sector, while the number of discharge of the work has decreased. The manufacturers of the Federal Reserve policy have continued to describe the labor market as ‘strong’ over the past few weeks. “As long as the labor market remains firm, the US economy can continue with progress, reducing the risk of inflationary recession,” said Brett Kinwell of Eturo, adding that it gives “the federal time and field regarding the interest.” At a conference held in Portugal on Tuesday, Federal President Jerome Powell reiterated that the central bank would “probably reduce the benefit of this year, it would not have been for Trump’s extensive use of customs duties.” However, when asked if Julie was an early date to reduce interest, Powell did not exclude this option. In the indicators of economic activity, the job report for the month of June, which is scheduled for Thursday, will show a slowdown in the growth of non -agricultural posts, and a slight increase in unemployment rate. “It is likely that federal position against interest will remain stable at the moment. If the path of the labor market remains as we expect, the federal may be patient. We believe he will be able to reduce the benefit twice this year in this context,” Josh Hirt of “Vangard” said. But other data released on Tuesday showed that the industrial activity in the United States shrinked for the fourth consecutive month in consecutive, as orders and employment decreased faster, which deepened the recession in the manufacturing sector. Thomas Ryan of ‘Capital Economics’ said: ‘Although the direct impact of customs duties on manufacturing does not yet seem significant, but the slight height in the input price index last month increases the indicators that businesses are facing higher costs.’ Meanwhile, US President Donald Trump said he did not study the postponement of the deadline on July 9 to resume higher customs duties, and renewed his threat to end negotiations and imposed fees on a number of countries, including Japan. The Senate also approved the Trump Bill for Tax Reduction and the announcement of spending at a value of $ 3.3 trillion.