(CercleFinance.com) – Futures on the S&P500 (+0.9%) and the Nasdaq-100 (+0.8%) predict a favorable opening on Wall Street, in the wake of a good Empire State index among the salvo of macroeconomic data published or to be published today.
Manufacturing activity in the New York area is picking up a little in July, according to the Empire State index, which climbed 12 points to +11.1 this month, and while economists were expecting it to stay in the negative zone.
“New orders rose slightly and shipments increased significantly,” the New York Fed said, adding, however, that “companies have become pessimistic about the half-year outlook.”
Other data released half an hour ago, U.S. retail sales rebounded as expected 1% in June from the previous month, while U.S. import prices rose 0.2 % month over month.
Traders still need to take June industrial production, shortly before the bell, then May business inventories and the University of Michigan confidence index (preliminary estimate for July), half an hour after the bell. ‘opening.
In securities news, the bank Citigroup saw its net profit fall by 27% in the second quarter, penalized by the increase in the cost of credit and by the increase in expenses which was only partially offset by the increase in income. .
For its part, the Californian financial institution Wells Fargo published a quarterly EPS of 74 cents, almost halved, due to both the taking of provisions for credit losses and a 16% drop in income.
Investors will also be able to react to the quarterly reports of the banks BNY-Mellon and US Bancorp, as well as those of the health insurance company UnitedHealth and the giant of the management of assets and investments BlackRock.
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