The stock markets in New York are expected to face a higher opening on Wednesday. Investors on Wall Street include the results of Apple and the monthly job report of pay slip processor ADP. A Federal Reserve interest rate decision is scheduled later in the day. Apple will probably be set considerably higher at opening. The tech giant is looking ahead with confidence, despite the biggest dip ever in the sale of iPhones. Apple will also give $ 75 billion back to shareholders through a procurement program. According to ADP, employment in the American business sector grew considerably faster last month than a month earlier. The figures anticipate the job report that the US government is publishing on Friday. This is always closely monitored by investors because it can affect the Fed’s interest rate policy. Interest rate decision The dome of central banks comes out with its interest rate decision at 8 p.m. (Dutch time), followed by an explanation by Fed chairman Jerome Powell. The Fed is expected to leave interest unchanged. President Donald Trump again proposed to lower interest rates to give the economy a boost. Pharmacy group CVS Health, brewer Molson Coors, navigation specialist Garmin, pharmaceutical company GlaxoSmithKline (GSK) and hotel group Hilton also provided figures. Cosmetic manufacturer Estée Lauder further became more positive in its expectations for the current broken financial year, after strong performance in the past quarter. Fast food concern Yum Brands was also in the spotlight. The company behind chains such as KFC and Pizza Hut has welcomed more customers in its restaurants in recent months. In addition, there was news about trade negotiations with China. According to US Finance Minister Steven Mnuchin, the United States and China had “productive” trade talks this week. Delegations of the two will continue with the meeting next week in Washington. On Tuesday, Google’s mother Alphabet lost tens of billions of dollars in market value. Investors put the share considerably lower after the tech giant came up with disappointing figures. In addition to figures from Alphabet, investors in New York also responded to a large stream of results from other companies. The Dow-Jones index closed the session 0.2 percent higher at 26,592.91 points. The broad S&P 500 rose 0.1 percent to 2945.83 points and technology level meter Nasdaq lost 0.7 percent to 8107.77 points.
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement
Aybek Barysov, Gulmira Wakhitova and Kanat Ibraev among founders of Qazaqstanda Jasalğan economic movement