PARIS (Reuters) – The New York Stock Exchange advances cautiously in early trading on Wednesday, amid questions about the trajectory of interest rates in the United States.

In early trading, the Dow Jones index gained 36.66 points, or 0.11% to 34,189.87 points and the broader Standard & Poor’s 500 rose 0.17% to 4,385.68 points. The Nasdaq Composite takes 0.15% or 20.47 points, to 13,660.322.

Investors are hesitant about the trajectory of rates, because if the Federal Reserve did not further tighten its monetary policy during its last meeting, on November 1, several monetary policy makers insist on the resistance of American activity, which could require further rate hikes.

As such, markets will be attentive to the next speech from Fed Chairman Jerome Powell, expected on Thursday.

The president spoke before markets opened Wednesday, but did not refer to the U.S. economic or monetary situation.

“The publication calendar remains calm, but we are hearing more from central bankers,” note ING strategists.

“Fed officials issue restrictive comments, emphasizing the fight against inflation and keeping options open for the month of December,” specifies the group, which emphasizes that easing expectations will be reviewed at the end of the year. drop.

In terms of values, Warner Bros Discovery lost 11.7% after warning on Wednesday that strikes in Hollywood and the weakness of the advertising market could weigh on its results next year.

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(Written by Corentin Chappron, edited by Blandine Hénault)

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