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Moderate sales on Wall Street in the penultimate session of a record year



Wall street records moderate sales in the penultimate session of 2019. A year in which US equities have registered strong gains, which have led to mark historical highs. The S&P 500, the world's leading indicator, accumulates an annual increase close to 29%, his best behavior since 1997.

The excellent behavior of American equities questions whether the so-called 'Santa Claus' rally. The data collected by Traders Almanac ensure that, since 1950, the S&P 500 has risen 1.3% on average in the last three sessions of the outgoing year and in the first two days of the incoming.

Market sentiment has been strengthened in recent weeks by the trade agreement reached between the United States and China. As published by 'The South China Morning Post', the Chinese Deputy Prime Minister, Liu he, will travel to Washington this week to sign the pact.

In the plane US macroeconomic, November business inventories remained flat, below the expected rise of 0.3%. In addition, the trade balance deficit US fell in November to 63.2 billion dollars, below the predicted 68,000 million.

On Thursday, the weekly unemployment data and the December manufacturing PMI will be published. And on Friday, the Federal Reserve US (Fed) will publish the minutes of its monetary policy meeting, held in mid-December.

At the business level, the actions of Tesla They fall 4% after the electric car manufacturer has set historical highs in recent days. So far this year, it accumulates a gain of 24%.

In other markets, the barrel of West Texas oil up 0.5%, up to $ 62.06. In addition, the euro appreciated 0.25% and changes to $ 1,1202. Finally, the profitability of US ten-year bond it rises to 1.92%, while the two-year bond advances to 1.59% and the three-month bond falls to 1.55%.

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