US stock markets curbed at the start of December - financial expert provides insight into the development of standard and technology stocks.

US stock markets curbed at the start of December - financial expert provides insight into the development of standard and technology stocks.

According to a report by www.boerse.de, there is a cautious development on the US stock markets at the start of December. The standard values ​​on Wall Street are slightly better than those on the Nasdaq stock exchange, and the Dow Jones Industrial is valued only a few points lower before the start of trading. Inflation developments in the USA and the Eurozone as well as expectations for interest rate cuts are influencing the mood of investors, who are now eagerly awaiting statements from Jerome Powell.

Powell will speak after the stock market opener in New York, and experts at Unicredit bank assume that he will describe the monetary policy as appropriate, so that there will probably be no further interest rate hikes at the upcoming interest rate meeting in December. Premarket shares of Dell, Marvell Technologies and Pfizer are in negative view, while Ulta Beauty and several other companies are seeing positive developments.

Market analysis shows that the US stock markets are off to a restrained start at the beginning of 2022, as standard stocks on Wall Street have gained less than technology stocks. Expectations regarding interest rate cuts and Jerome Powell's statements could have a significant impact on market developments in the coming weeks. It is expected that investors will react closely to the quarterly results and annual targets of the affected companies.