Wall Street Opens Higher | The Press

by Ibrahim Khalil - World Editor
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(Washington) The New York Stock Exchange is moving higher on Tuesday, with investors showing optimism on the eve of the highly anticipated publication of official US employment figures for last month.

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Around 10:05 a.m., the Dow Jones gained 0.67%, the NASDAQ index advanced 0.07% and the broader S&P 500 index gained 0.19%.

With a delay of a few days due to a partial budgetary paralysis, the January employment report in the United States will be published Wednesday before the opening of Wall Street by the statistical service of the Department of Labor (BLS).

It will make it possible to know the country’s unemployment rate as well as the number of job creations during the period. This major indicator “will be on everyone’s minds today,” assures Patrick O’Hare of Briefing.com.

The American central bank (Fed) made three consecutive rate cuts at the end of 2025 due to the weakness of the labor market.

The monetary institution took a break during its last meeting and further easing is not expected by analysts before June, according to the CME FedWatch monitoring tool.

But a poor employment report could reshuffle the cards and, paradoxically, be perceived positively by the American market given the prospect of further rate cuts.

“Investors must weigh the possibility of a rate cut by the Fed against that of an economic slowdown,” warns Sam Stovall of CFRA to AFP.

“If growth forecasts are revised downwards, then profit forecasts and prices (of stocks, editor’s note) will probably have to fall too, because valuations will no longer be justified,” supports the analyst.

Anticipations of the Federal Reserve’s next movements will also have to take into account the evolution of inflation, another battle of the institution.

As such, the January consumer price index (CPI) will be scrutinized on Friday.

In the meantime, investors were surprised on Tuesday by the weakness of retail sales in the United States, which stagnated in December despite the end-of-year holidays.

These reached 735 billion dollars, as in November. When prices continue to increase, stagnation in value suggests a decline in volumes sold.

These data pushed down the ten-year yield on US government bonds. Around 9:55 a.m. [heure de l’Est]it moved to 4.14% against 4.20% at the close the day before.

On the business side, the American beverage giant Coca-Cola (-0.91% to $77.26) was down, penalized for its disappointing sales during the last quarter of 2025.

Coca-Cola generated sales of $11.82 billion, compared to analysts’ estimates of just over $12 billion. On the other hand, net profit per share came out above expectations, at 58 cents.

The petrochemical group DuPont de Nemours (+2.87% to $48.46) benefited from quarterly results that exceeded expectations. His forecasts also positively surprised investors.

date: 2026-02-10 17:43:00

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