(News Bulletin 247) – The New York Stock Exchange began a week with a certain confidence that will notably see the start of the earnings season: the Dow Jones gained more than 0.6% to 33,944 points on Monday, while the Nasdaq Composite gained nearly 0.2% to 13,685 points.

On the statistics front, the week will be dominated by several inflation indicators in the United States for the month of June, starting with the consumer price index on Wednesday, then those for production and imports. .

These figures should all the more attract attention as last Friday’s employment report, marked by a still firm increase in wages, confirmed the hypothesis of a new monetary tightening of the Fed at the end of the month.

The only data from this Monday, and without impact on the markets, the inventories of American wholesalers stagnated in May compared to April, while their sales fell by 0.2%, thus causing a slight slowdown in the pace of disposal. stocks.

The week that is beginning will also see the start of the quarterly season in the United States, with in particular the publications of major financial institutions such as JP Morgan Chase and Citigroup, expected on Friday.

‘Consensus expects S&P-500 earnings per share to fall 9% year on year, due to steady sales growth and margin compression, news that is likely to move markets ‘, warned Kiplink.

Meanwhile, Johnson & Johnson gleaned 0.2% as its subsidiary Janssen reached a global licensing agreement with French company Nanobiotix for its NBTXR3, which is currently being evaluated for different solid tumor indications.

Tesla lost 1.8% despite a price target increase at Jefferies from 185 to 265 dollars, the broker having nevertheless maintained its recommendation to ‘hold’ on the title of the electric car manufacturer.

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