US stocks stumbled slightly in early May, with the Standard & Poor’s 500 index down 0.34%.
Japanese and Korean stocks, for example, also experienced moderate losses this morning (according to our country’s time).
Market participants tried to digest the outcome of the latest US Federal Reserve (FRS) meeting. During the press conference following this rally, the head of the institution, Jerome Powell, made it clear that the FRS is at least not considering raising US dollar rates.
” There are ways and not to reduce [procentu likmju] and pathways to reduction. It will all really depend on the data,” said J. Powell. Accordingly, market participants already find the good news, at least partially, in the fact that the FRS management does not call for the possibility of a rate increase.
The US FRS left its key US dollar refinancing rate unchanged in the 5.25-5.5% corridor at the said meeting. This is the highest level of these rates in 22 years.
Today, one of the world’s corporate giants will inform Apple about its performance in the previous quarter.
Others, such as Amgen and ConocoPhillips, will do so. Apple is expected to have a turnover of over 90 billion US dollars in the quarter.
Enefit Green had already managed to inform the Baltics about its performance of the previous quarter. Also, for Coop Pank, for example, this is the x-date of the dividend. Apranga will also reveal its current turnover data.
