Wall Street ends the week with a meaningless session but ending a cycle of some daily hikes that not only broke the four-week negative series, but also offset the losses that have occurred over the last fifteen trading days. Recovery that leaves the S&P500 close to historical highs despite all the negative noise that existed in August, or the uncertainties that will be present in the market for at least until the FED meeting at the end of September.
With the Labour Day holiday on Monday, sentiment today has not given much room for risk appetite either, because it is the end of the month and the end of the holiday period, and it is expected that the next session will have a greater participation of investors in driving the movement. However, many significant short-term variations are not to be expected now that indices have already recovered most of the declines unless Trump’s Tweeter works again.
