(Reuters) – The New York Stock Exchange opened on Thursday, while investors assess the impact on the rates of a stronger macroeconomic data series than expected, as well as the declarations of several members of the Federal Reserve (Fed).

In the first exchanges, the Dow Jones index loses 41.11 points, or 0.62%, at 6,596.86 points and the Standard & Poor’s 500, wider, fell from 0.62% to 6,596.86 points.

The Nasdaq Composite gives way 0.92%, or 207.03 points, to 22,290.83 points.

Solid than expected economic data published before the opening and declarations of the president of the Fed of Chicago, Austan Goolsbee, who said he was worried about the idea of ​​too rapid drop in rates, have still tempered optimism concerning new drops in borrowing costs.

The American economy progressed in the second quarter to a more marked pace than initially planned, stimulated by a decline in imports and a resumption of consumption expenses, while weekly unemployed inscriptions decreased unexpectedly during the week to September 20.

Although the labor market continues to arouse concern due to the low pace of hires, these new data invite caution, especially before the publication of data on PCE inflation on Friday, the measure most watched by the Fed concerning the rates.

“The real question will be as follows: now that unemployment figures are less bad than initially expected, it means that the Fed may not lower its rates in October and December, but simply wait until December, said Sam Stovall, strategist at Cfra Research.

The president of the Fed of Chicago, Austan Goolsbee, also said he was worried about the idea of ​​too rapid rates, highlighting the risks of an inflation of inflation, which goes against the much more aggressive approach to Governor Stephen Miran, who warned Thursday that the American economy was more vulnerable to shocks due to high interest rates based on inflationary concerns.

The vice-president of the FED in charge of supervision, Michelle Bowman, must later express himself in Washington.

To the values, Oracle, which according to a regulatory document published on Wednesday seeks to raise $ 18 billion in debt, yields 5.7% in the first exchanges.

Intel increased again Thursday, by 2.4%, after having taken 6.41% the day before. The Bloomberg agency reported Wednesday that the flea manufacturer in difficulty approached Apple for an investment.

Accenture, which published a turnover on Thursday as the fourth quarter slightly higher than the expectations of Wall Street, lost 0.45%.

(Written by Diana Mandiá, edited by Kate Entringer)

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