Important data that changes the course of the markets.. fluctuations in stocks, and gold turns its direction again. By


© Reuters. – Wall Street’s major stock indexes fluctuated significantly up and down without a specific destination on Friday, with Tesla shares (NASDAQ:) rising and regional banks stabilizing after a sell-off, while hopes of a halt in interest rates boosted investor sentiment.

At the same time, gold fell again after turning higher a little while ago, coinciding with the release of the Michigan index data.

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Regional banks rose broadly after falling in the previous session. The SPDR S&P Regional Banking ETF (KRE) rose 0.6%. Western Alliance advanced by 1%, and Backoist increased by 0.9%. On Thursday, regional banks fell broadly after Bacoist Bank said its deposits fell sharply last week.

Tesla shares rose 2.2% after Elon Musk said on Thursday he would step down as CEO at Twitter.

Investors are also watching the US debt ceiling negotiations. CNBC reported that a debt ceiling meeting between President Joe Biden and congressional leaders that was scheduled for Friday has been postponed to next week.

Investors are emerging from a fourth straight losing session for the Dow Jones Industrial Average, which fell on Thursday by more than 200 points, or 0.66%. While the S&P 500 fell by 0.17%. By contrast, it added 0.18%.

As of Thursday’s close, the Dow Jones and S&P 500 are heading for their second consecutive negative week, down 1.08% and 0.14% this week, respectively. However, the Nasdaq Composite is on track for a third consecutive positive week, up 0.76%.

Important data

An initial reading showed a decrease to 57.7 in May. Economists expect the May reading to be 63.0, which will be lower than the previous reading of 63.5.

In May, it recorded a rise of 4.5%, while expectations were for a rise of 4.4%, and the previous reading had recorded 4.6%.

The poll also showed that futures rose to 3.2 percent, near the highest level since June 2008.


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It fell 0.05 percent to 33,292 points.


It fell at 4124 points, or 0.15%.

While the complex decreased by 0.31 percent to 12,287 points.

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It fell by 0.18% to 2017 dollars.

While it decreased by 0.17% at 2012 dollars an ounce.

It rose by 0.35%, at 102.25 points.

It rose 0.35% to $75.2 a barrel.

Texas crude gained nearly 0.4% to $71.1 a barrel.

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