Wall Street closes to historical maximums • Markets • Forbes Mexico

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Wall Street closed at historical maximums this Tuesday in a short week for a holiday, with the results season about to conclude, the minks of the Federal Reserve in the sights and the geopolitical uncertainties in the background.

According to preliminary data, the S&P 500 won 14.99 points, or 0.25%, to end at 6,129.49 points; while Nasdaq Composite increased 14.15 points, or 0.07%, to 20,040.92. The Dow Jones industrial average rose 6.79 points, or 0.02%, to 44,556.34.

The Federal Reserve will publish on Wednesday the minutes of its monetary policy meeting of January, in which members with vote chose to keep interest rates amid signals from a rebound in inflation and unknown on scope and The effects of President Donald Trump’s tariffs.

The comments of those responsible for the Fed monetary policy were large Inflation justify maintaining the stable interest rate at the moment.

The minutes will be examined with a magnifying glass in search of clues on the way to follow by the Central Bank, especially in the light of the latest data, which show that price growth is gaining impulse, consumers’ confidence is falling and Retail sales are weaker than expected.

Lee: cars tariff will be around 25%, Trump calculates

The quarter quarter results has come to an end, with 383 companies of the S&P 500 that presented their reports until Friday. Of these, 74% have reported better than expected data, according to LSE data.

Analysts currently foresee a growth in the benefits of the fourth quarter of the S&P 500 of 15.3% year -on -year, compared to the 9.6% estimate of January 1.

Intel advanced after a report published on the weekend affirmed that his rivals Taiwan Semiconductor Manufacturing Co. and Broadcom were studying possible agreements that could divide the chips manufacturer by two.

Meta Platforms lost ground and broke his streak of 20 profit sessions.

With Reuters information

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