Wall Street starts 'in the red' due to uncertainty in Fed rates; Nasdaq falls 1.40%

Expectations that the Federal Reserve could make fewer cuts than anticipated, following the recent economic data published in the United States, gained strength this Tuesday, causing widespread falls in global stock markets.

The high technological content index Nasdaq drops 1.40 percentat 16 ml 165.86 integers, followed by a decrease of 1.06 percent by the Dow Jones, which stood at 39 thousand 145.73 points and the S&P 500 lost 1.03 percent to reach a level of 5 thousand 190.28 units.

“The stock markets worldwide present mostly negative movements, mainly after considering the latest economic figures in the United States that could imply a postponement of the first adjustment of thes Fed interest rates”, indicate Monex analysts.

Operations in Europe also resume and show red numbers, starting with the DAX in Germany that falls 1.07 percent, at 18,307.25 points, the CAC 40 of France drops 0.88 percent with 8,133.22 points, followed by the IBEX 35 in Spain with 0.82 percent less at 10,983.73 units and the FTSE 100 in London, which stands at 7,944.14 integers, gives up 0.10 percent.

However, the slates at the local level operate in the opposite way, since the star index of the Mexican stock exchangeS&P/BMV IPC rises 0.18 percent, to 57,758.56 points, while the FTSE-BIVA of the Institutional Stock Exchange gains 0.14 percent, to 1,186.87 points.

In the international oil market, prices remain rising as geopolitical risks and tensions continue. Brent reaches levels of 88.19 dollars per barrel while rising 0.88 percent, while the West Texas Intermediate (WTI) gains 0.99 percent, at 84.54 greenbacks per unit.