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Dow Jones and S&P-500

Prevailing caution on Wall Street, with the Dow Jones continuing the session with a slight 0.43% drop, halting the series of three consecutive gains started last Thursday. On the contrary, it was a day without much fanfare for the S&P-500, which remained at 4,760 points. The Nasdaq 100 showed fractional progress (+0.26%), while the S&P 100 consolidated the previous day’s levels (+0.06%).

Investor Attention and Market Outlook

Investor attention is still focused on American inflation data, expected on Thursday, to understand the next moves of central banks. The latest employment report, which showed a stronger labor market than expected, has led professionals to reduce the likelihood of an early rate cut, possibly as soon as March. Focus is also on the new quarterly earnings season, which begins with major banks on Friday.

Stock Performances

In the North American market, the technology sector shone on the S&P 500. On the downside, the most significant declines were seen in the energy (-1.46%), materials (-1.00%), and financial (-0.65%) sectors. Among the giants of Wall Street, Merck (+0.81%) and Salesforce (+0.73%) were at the top. However, the worst performance was recorded by Chevron, which decreased by -2.03%.

Individual Stock Movements

Individual stocks also experienced fluctuations. Disney, Dow, and Cisco Systems showed negative performances, while Illumina, CrowdStrike Holdings, and Zscaler were the best performers in the Nasdaq 100. Conversely, Moderna, Lucid, and GE Healthcare Technologies faced significant downturns, with Warner Bros Discovery also showing a notable decline.